In France, socialist Hollande sets out to soak the rich

Credit:Washington Post:
French President Francois Hollande has made good on a campaign pledge to make the wealthiest in France pay up to a whopping 75 percent income tax. The U.S. Congress, meanwhile, is debating an Obama proposal to allow the top tax rates to rise from 35 percent to nearly 40 percent.
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Categories: Europe, France

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