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View Full Version : France's Constitutional Council rejected a 75 percent upper income tax rate



Rockntractor
12-29-2012, 10:18 AM
By Emile Picy and Catherine Bremer

PARIS | Sat Dec 29, 2012 8:29am EST

(Reuters) - France's Constitutional Council on Saturday rejected a 75 percent upper income tax rate to be introduced in 2013 in a setback to Socialist President Francois Hollande's push to make the rich contribute more to cutting the public deficit.

The Council ruled that the planned 75 percent tax on annual income above 1 million euros ($1.32 million) - a flagship measure of Hollande's election campaign - was unfair in the way it would be applied to different households.
Read More>http://www.reuters.com/article/2012/12/29/us-france-tax-idUSBRE8BS05M20121229

I'm surprised this constitutional council did not say “It Is Not Our Job to Protect the People From the Consequences of Their Political Choices”

obx
12-29-2012, 11:48 PM
Hey Rock, do you know why the streets in Paris are lined with trees ? So the Germans can march in the shade.

Rockntractor
12-29-2012, 11:55 PM
Hey Rock, do you know why the streets in Paris are lined with trees ? So the Germans can march in the shade.

I have no doubt that someday the Germans will march there once more to drive away the Muslims that will soon take over France and threaten the rest of Europe.