National Assembly Adopts 75% Tax, Debates Other Reforms

On September 28, Hollande’s much anticipated financial reforms were presented in the French National Assembly by Finance Minister Pierre Moscovici and Budget Minister Jêrome Cahuzac. Yesterday the National Assembly voted to adopt a law that taxes income above 1 million Euros at 75%, one part of Hollande’s financial reform project. This law represents the first […]

Mississippi Attractive Option for French Millionaires After New Tax Proposal

Have French taxpayers become the people to seduce since May? After British Prime Minister David Cameron said that he would “roll out the red carpet” for French businesses, Republican Governor of Mississippi from 2004-2012, Haley Barbour, has invited “French overtaxed millionaires to come to Mississippi.” In an article published on the website of Foreign Policy […]