Hollande Delivers New Year’s Speech, Reflects on Current French Issues

PARIS– At 8:00 pm on Monday, December 31, François Hollande wished the French a Happy New Year. Every year, this event is broadcasted by the main channels. Every year, journalists wonder how the President will do it, believing that the speech’s context sends a special message to the country. In his first such speech, Hollande chose […]

75% Tax Rejected by Constitutional Council

On December 29, the constitutional council came to a decision on how the 2013 fiscal budget conforms to the Constitution. In this decision, they rejected the controversial 75% tax on salaried income exceeding 1 million euros. They pronounced that it “violates the principle of equality.” This tax, called “an exceptional contribution of solidarity,” and presented […]