France's triumphant left-wing coalition
unveils its radical plans for government
including a 90 per cent tax rate on the
rich, lowering the retirement age and
huge spending
Posted By: NorthernDog, 7/8/2024 11:11:26 PM
France's radical left-wing coalition has vowed to bring in a 90 per cent tax rate on the rich following their shock election triumph on Sunday. In a result that caught political commentators by surprise, the New Popular Front (NPF) emerged as the biggest party in the second round of the elections which ended in a deadlock, gaining 182 seats ahead of President Emmanuel Macron's centrist Ensemble party, on 168. (Snip) The programme includes a 90 per cent tax rate on any annual income above €400,000, a reduction in the retirement age from 64 to 60, a block on the price
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Comments:
Enjoy your Leftist government. Higher taxes, price freezes, only work to age 60, a Biden-style spending spree. Not sure what the Muslims get - probably free minarets in every city.