
French Court: Tax Rate on Rich Is Unconstitutional
President Francois Hollande’s 75 percent millionaire-tax is unconstitutional because it fails to guarantee taxpayer equality, France’s top court ruled today. President Obama wants a similar increased tax specific to the wealthy earners in the USA. The tax, one of Hollande’s campaign promises, had become a focal point of discontent among entrepreneurs and other wealth creators, some of whom […]