From Each According to His Means

Taxes on some wealthy French top 100 pct of income

More than 8,000 French households’ tax bills topped 100 percent of their income last year, the business newspaper Les Echos reported on Saturday, citing Finance Ministry data.

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From Each According to His Means — 4 Comments

  1. The French can do that because they not only tax income, but wealth that has already had taxes paid on it. That's why expatriate Johnny Depp left his Villa in France for a modest place in Tennessee.