"French Constitutional" acknowledges a tax on the rich

[TBomb]

"French Constitutional" acknowledges a tax on the rich

French Constitutional Council said that 66% is the highest rate of tax can be imposed on individuals (French)
Sadek French Constitutional Council today on the tax imposed in the budget of 2014, companies that pay an annual remuneration value exceeding one million euros (1.38 million dollars), has resulted in the announcement of this tax to the anger in the ranks of heads of French companies and sports clubs, and who have threatened to enter into a strike in protest against the This tax, which touted tax millionaires.

 

 

The rejection of the Constitutional Council, the highest court in France, the tax rate set by the government of President Francois Hollande , and of 75%, and said that 66% is the roof top, which can be imposed on individuals.

The judiciary itself had rejected earlier this year, the president's plan Hollande to impose a tax of 75% on individuals earning annually more than one million euros (1.35 million dollars), were excluded from this rejection of people who receive an inheritance large, but their income is less than that falls within the category concerned the tax in question.

 

 

Unjustified tax
and after this rejection checked the government in Paris in March / March last proposal to tax so levied on the highest wages paid by companies, explained Holland then that the idea of this collection is not to punish those millionaires, but push companies to cut wages of senior executives, at a time when the economy French difficulties, notably high unemployment and approve reductions in employee wages.

The French government has approved austerity measures in the budget of the year 2014 with the aim of reducing the deficit ratio of 4.1% to 3.6%, and that by reducing spending by about 15 billion euros (20 billion dollars) and the imposition of new taxes.

Source: Agencies
       
http://www.aljazeera.net/ebusiness/pages/296c3acc-9c40-4518-b759-4a7d9d9c784d

[vietnam1969]

 HOPE THE US DOESN'T HEAR ABOUT THIS. LOL 

[TBomb]

http://dinarvets.com/forums/index.php?/topic/168723-french-millionaires-tax-ruled-legal/

 

seriously, does the French Govt really think that all of the rich French who've fled the country in the past couple of years, due to the outrageous taxation laws, are now suddenly going to return for this measly reduction?