US EditionFrance Leftists’ Plans Include 90% Top Marginal Income Tax Rate
- France's New Popular Front, the largest parliamentary group, aims to implement minimum wage increases and petrol price controls in their new plans.
- The New Popular Front's victory in the snap election leads to the proposal of a 90% tax on the wealthy.
- The coalition's agenda outlines a 90% tax rate on income over €400,000 and a reduction in the retirement age to 60.
15 Articles
15 Articles
France’s Left-Wing Coalition Reveals Plan To Introduce 90 Percent Tax On Annual Income Over €400,000
After securing the majority of seats in Sunday's election, the newly formed left-wing government in France has revealed plans to impose a ninety percent tax on its “wealthier” citizens.
French leftists 'prepare to govern' with 90% tax on rich after shock win in snap elections
France’s left wing New Popular Front (NPF) is hoping to introduce a 90 per cent tax on the rich, following their surprising win in the snap election.The alliance - formed just last month - surged to victory in the second round of voting and gained 182 seats, blocking Marine Le Pen’s quest to bring the hard-right to power in the country.Emmanuel Macron’s centrist Together bloc came in second with 168 seats, and Le Pen and Jordan Bardella’s Nation…
France’s new left-wing coalition reveals plans to introduce a 90 per cent tax on the rich amid shock election result
France’s new left-wing coalition has announced plans to include a 90 per cent tax on the wealthy after winning the most seats in Sunday’s snap election.
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