jeudi 1 mars 2012

Squeezing the rich

Dear students,

I guess you know that liberalism has got its own Bible, which is « The Econimist », don't you ?

For example :

Squeezing the rich

An already highly taxed country may be burdened even more

BLAME it on the revolution or on Marxist nostalgia. Either way, few ideas appeal to the French more than punishing the rich. François Mitterrand, a former Socialist president, denounced “money that rots the very conscience of people.” Nicolas Sarkozy, who is running for re-election, was damaged by the tag “president of the rich” when he cut taxes and hung out with rich businessmen. Now François Hollande, the Socialist front-runner, has surprised some advisers by proposing a 75% tax rate on household incomes above €1m ($1.3m) a year.

Read more : http://www.economist.com/node/21548980

Is it possible to find another point of view in GB ?

Good question !

A. Cuvelier