Taxing The Wealthy, Francois Hollande | featured news

Will the rich flee France's 75% tax rate?

Francois Hollande

The new tax is expected to be formally announced in the government's first budget on 28 September, but that does not mean there is a sense of panic in France. This new tax will only hit very rich individuals and only for a year or two, to help bring down the government deficit.

 

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