French court rejects 75 percent millionaires’ tax

Emile Picy and Catherine Bremer Reuters 12/29/2012

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 […]

Gérard Depardieu says he will give up French passport over tax rises

Actor attacks French government for punishing talent as he moves to Belgium

The Guardian [UK] 16 December 2012

Gérard Depardieu has said he is handing back his French passport and social security card, lambasting the French government for punishing “success, creation, talent” in his homeland.

A popular and colourful figure in France, the 63-year-old actor […]

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