Hedge Fund News From HedgeCo.Net

France budget: Top 10% of earners to see taxes rise to %75

BBC – French Prime Minister Jean-Marc Ayrault has said that nine out of 10 citizens will not see their income taxes rise in the new budget.

He has confirmed that there is to be a new 75% tax rate for people earning more than 1m euros (£800,000; $1.3m) a year. The government’s priorities were young people, training and cutting 10bn euros from its spending, he said. This would demand an effort but would be fair, he added.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply