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France 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.
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  • 64% of the sources lean Right
64% Right
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Bloomberg broke the news in United States on Sunday, June 23, 2024.
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