75% Tax, Have They Learn Nothing From Britain In The 60S?

[ToraToraTora]

http://www.bbc.co.uk/news/business-25541739
This sort of thing generally cuts tax receipts, even Noo Laybor have grasped that!

[Gromit]

Kromo,
// In 2013, The Economist declared that the Nordic countries "are probably the best-governed in the world," with Sweden in first place. //

It also has one of the highest top rate taxes in the world.

[youngmafbog]

Gromit, the post is on Hollande. Last time I looked he was a lefty.

Ah yes the Economist, despite their protestations they are certainly not middle of the road are they.

[emmie]

he is a dyed in the wool socialist, and came out with the policy before being elected, it was a promise to do it, some on here said it wouldn't happen, as it has to go through the higher court? well it's going ahead.

[ToraToraTora]

it's really a question of direct taxation v indirect taxation. The left have always preferred to have as much as the former as they can get away with. Always ignoring the fact that direct taxation can only ever account for a small percentage of revenue.

[emmie]

see what he says about the rich

http://www.bloomberg.com/news/2013-12-29/france-s-hollande-gets-court-approval-for-75-millionaire-tax.html