2 ms·
Only on _salaries_ of over a million. Except for soccer superstars, nobody makes more than a million _in salary_. He promised it for populist reasons, but neve
by fab13n 13y ago
Only on _salaries_ of over a million. Except for soccer superstars, nobody makes more than a million _in salary_.
He promised it for populist reasons, but never wanted to do it; so he does it in such a way that it affects virtually nobody.
It has a nasty effect, though: it reinforces the idea that wanting to become rich is somewhat antisocial in France, and ought to be punished. A 75% tax is what you levy on vice: oil, tobacco, alcohol or lottery. This is insulting and discouraging to entrepreneurs, many of whom crave social recognition at least as much as wealth.