France's finance minister has promised that upcoming tax hikes required to bring the country's finances back on track will be specifically targeted at high-income groups and will be temporary.
They’re raising income taxes. I thought income tax was one of the easiest taxes to dodge. Rich people usually have capital gains, not income from work. And even then they can get loans instead of an income using their assets and loans are not taxed. Seems more like a symbolic gesture to appease the people.
They’re raising income taxes. I thought income tax was one of the easiest taxes to dodge. Rich people usually have capital gains, not income from work. And even then they can get loans instead of an income using their assets and loans are not taxed. Seems more like a symbolic gesture to appease the people.