Hillary Clinton called for a new “fair share surcharge” tax of 4 percent on multi-millionaires Tuesday ... tax that kicks in at a far lower income threshold. Taxpayers in France are charged an extra 4 percent there on earnings above $542,000 …
PARIS (Reuters) - France's Constitutional Council gave the green light on Sunday to a 'millionaire's tax', to be levied on companies that pay salaries of more than 1 million euros ($1.38 million) a year. The measure, introduced in line with a …
Flush French are fleeing the new government's attempts to repair France's public finances by increasing taxes... Among the controversial proposals in the 2013 draft budget is a 75% tax rate on salaries higher than $1.3 million, up from less …
giving rise to a new class of millionaires, like Stephane Richard, CEO of France Telecom. France has also alienated the wealthy in the past with policies such as the ISF tax, or wealth tax, which was passed in 1989 by Socialist president …
Francois Hollande, the French president, has proposed a 75 percent tax rate on top earners, the highest in Europe. The top court in France says the proposed ... and has promised to rework the millionaire tax. "More will still be asked of …
after opponents attacked the president’s move to scrap France’s wealth tax. Macron last week made good on a campaign pledge to abolish the wealth tax, a symbol of social justice for the left but blamed by others for driving thousands of …
Millionaire emigration also hits government tax revenues and may be associated with loss of jobs and money outflows that can impact property prices and the financial markets. "France is being heavily impacted by rising religious …
You may have little sympathy for millionaires, but this creates a blockage ...
France's Millionaire Exodus The wealthy are fleeing, too, because of high taxes. French actor Gerard Depardieu recently collected his Russian passport, offered by Russian President Vladimir Putin. Russia has a flat tax of only 13 percent. …
Moreover, Australia is relatively immune to the turmoil in the Middle East and the related refugee crisis in Europe and it has lower inheritance taxes than ... HNWIs in 2016 included France, Turkey and Brazil. Large outflow of millionaires from …