Tag: 75% tax
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75% Millionaire Tax Rate Ruled Unconstitutional: Are Good Judges Bad for Democracy?
—Arthur Dyevre, Max Planck Institute Just before the turn of the year, on December 29th, the French Constitutional Council overturned the socialist government’s 75% income-tax rate for the rich, a measure the new occupant of the Elysée Palace, François Hollande, had turned into an anti-rich symbol during his presidential campaign.