Multiple parties are jockeying for position in the aftermath of France’s seismic snap election. The leftist New Popular Front (NPF) insists its ideas should be implemented.
France’s left wing New Popular Front (NPF) - now the largest group in parliament - has called for a prime minister who will implement its ideas including a new wealth tax and petrol price controls.
The leftist alliance secured the most seats in the recent French elections but fell short of the 289 needed for a majority in the National Assembly, France’s lower house of parliament.
President Emmanuel Macron’s Together bloc came in second and Marine Le Pen’s far-right National Rally (RN) party finished third.
France’s parties are now jockeying for position and it’s unclear exactly how things will shake out, but the NPF has insisted it will implement its radical set of ideas.
Have you no idea how capitalists function?
Actual communists are more intelligent than this.
Its just hilarious seeing 400k being wealthy my man. The really wealthy don’t take a salary and instead have corporations and trust funds that pay them minimum salary and more stocks and shares. They then leverage these stocks and shares using cheap loans from their bank buddies for very low interest tates.
Income tax is a tax on the working class, not the capitalist class.
No true Scotsman. The evidence is right in front of you but you don’t want to see it.
All i am saying is that if you tax working people its not actually doing what it said on the tin: taxing the rich. Rich people don’t work for their income. Their money works for them.
AVERAGE annual income in France (the one that gets skewed by a handful of people making exorbitant incomes) is €41,000. Over half of people in France make less than 1/10th the €400,000 mark. This tax doesn’t affect anyone that actually works for a living
The average general surgeon in France makes around 230,000 euros before bonuses and all, so there are surgeons out there making 400k euros. I’m pretty sure they work for a living. You also underestimate how hard highly paid corporate executives work. You might not VALUE their work, but most of them work their asses off (even if what they are doing is counterproductive or stupid or worthless).
This tax doesn’t affect very many people who work for a living, but the people who are wealthy enough to actually not work for a living at all will not be affected either, since this isn’t a tax on wealth.
Does the french suggestion separate income types? It’s very preferable to tax non-working high wealth & income even more than salary income.
Capitalists usually aim the tax pressure towards median salary income, and less for stocks, or property. The regressive model should be switched to progressive taxing.