France’s wealthiest households have borne the brunt of
President François Hollande’s efforts to trim the budget deficit. Now
he’s going to hit them again.
At a news conference last month,
Hollande hinted that a broader swath of the population would have to
share the pain of future deficit-cutting. “We’ve asked a lot of them,”
he said of France’s wealthy, who have faced tax increases and surcharges that resulted in 8,000 households receiving 2012 tax bills that exceeded their annual incomes.http://www.businessweek.com/articles/2013-06-03/for-frances-rich-the-tax-pain-isnt-over
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