Monday, September 5, 2011

French millionaire pay more taxes apply | Finance Blog

Posted by admin on Sep 3rd, 2011 in Others





No, not the day of the Holy Innocents, nor is it a joke, but a real proposal to have a group of French billionaire to help his country and the whole of the European Union out of the current crisis. Hopefully our country?s rich catch the witness of their French counterparts and a similar request. Since the rich who have benefited most from the system to enrich themselves and thus are the first that should help resolve the complicated economic situation.

This petition is signed by 16 of the richest people in France and request ?Establishment of an ?outstanding contribution? that French taxpayers would affect most-favored?. Of course, one might think that what they claim is a whitewash in a clear time of economic difficulty, this group being the least affected. They also noted that the excise duty must be ?Reasonable? to ?avoid undesirable economic effects as capital flight or the growth of tax avoidance? and that this should not go alone, but accompanied by a ?comprehensive reform effort of both expenditure and revenue.?

This proposal seeks to make an effort of solidarity in a time when public finances and the prospects of worsening the state?s debt is threatening the future of France and Europe. This announcement comes just before the French government approved a package of measures to gradually reduce the deficit, he should stay at 3% in 2013. One such measure would be to create a excise taxed between 1 and 2% for those taxpayers with incomes over one million euros.

Source: http://www.1financeonline.com/french-millionaire-pay-more-taxes-apply/

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