Wednesday, August 24, 2011

The rich request to have their taxes raised!

Ask and you shall receive:

The French government is to impose an extra tax of 3% on annual income above 500,000 euros (£440,000; $721,000).

From an August 24, 2011 http://www.bbc.co.uk article:

France introduces new tax on high incomes

....some of France's wealthiest people had called on the government to tackle its deficit by raising taxes on the rich.


Sixteen executives, including Europe's richest woman, the L'Oreal heiress Liliane Bettencourt, had offered in an open letter to pay a "special contribution" in a spirit of "solidarity".

It was signed by some of France's most high-profile chief executives, including Christophe de Margerie of oil firm Total, Frederic Oudea of bank Societe Generale, and Air France's Jean-Cyril Spinetta. 
They said: "We, the presidents and leaders of industry, businessmen and women, bankers and wealthy citizens would like the richest people to have to pay a 'special contribution'."


They said they had benefited from the French system and that: "When the public finances deficit and the prospects of a worsening state debt threaten the future of France and Europe and when the government is asking everybody for solidarity, it seems necessary for us to contribute."

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