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By Paul Johnson

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Tag: Jean-paul Agon

salady (CC BY 2.0)

An ‘Impossible’ France?

A bold experiment is under way in the world’s fifth-largest economy: French President Francois Hollande has announced his intent to tax the rich. What happens next could deliver a blow to one of global capitalism’s most persistent myths.

Posted on Oct 2, 2012 READ MORE

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France Unveils ‘Combat’ Budget

French President Francois Hollande announced a $47 billion economic recovery plan Friday that will raise more than $25 billion from tax increases with the help of a 75 percent “supertax” on incomes of more than $1.3 million a year.

Posted on Sep 29, 2012 READ MORE

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