Economy

xchrom

(108,903 posts)

57. Hollande vows to revive French supertax

Tue Jan 1, 2013, 09:37 AM

Jan 2013

http://www.bbc.co.uk/news/world-europe-20881383

France's President Francois Hollande says he still plans to raise the top rate of income tax after his 75% plan was struck down on technical grounds.

In a national address on New Year's Eve, he said the law would be redesigned, adding, "we will still ask more of those who have the most".

However, he did not mention the 75% figure, leading some to speculate that the move would be watered down.

The president also promised "all efforts" towards cutting unemployment.

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