Friday, January 4, 2013

No more tax for rich in France

Did you hear about Russia offering citizenship to Depardieu?

He caused an uproar earlier this month when he revealed he was moving to Belgium to seek tax exile status, blaming the government's tax policies.

Top French court overturns 75 percent tax rate for rich

France’s highest legal body, the Constitutional Council, announced on Saturday it was overturning the Socialist government’s flagship 75 percent income tax rate for high earners, marking an embarassing setback for President Fran├žois Hollande.



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rather be in paris