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France’s highest court rules proposed 75% supertax rate unconstitutional
Daily Telegraph (UK) ^ | 6:26PM GMT 29 Dec 2012 | Kim Willsher

Posted on 12/29/2012 11:42:50 AM PST by Olog-hai

French president François Hollande suffered a damaging setback yesterday when France’s highest court ruled his proposed 75% “supertax” rate unconstitutional.

The measure, which is blamed for an exodus of wealthy French abroad, was a pillar of the Socialist leader’s successful Spring election campaign. But in an unexpected blow, France’s Constitutional Council ruled that the tax band did not guarantee equality for taxpayers because two households with the same total revenue could end up with different tax bills.

Although the tax would have hit only around 1,500 people, it was seen as the totem in Hollande’s political manifesto, which said it was justifiable in a time of economic crisis. Hollande, who once publicly declared “I don’t like the rich”, had called for economic “patriotism” from France’s wealthiest citizens. …

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: 75percenttaxrate; europeanunion; eussr; france; hollande; socialism

1 posted on 12/29/2012 11:43:01 AM PST by Olog-hai
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To: Olog-hai

For the first time in his life Karl Marx would be proud of Monsieur Hollande.


2 posted on 12/29/2012 11:45:11 AM PST by E. Pluribus Unum ("Democracy is indispensable to socialism. The goal of socialism is communism." --Vladimir Lenin)
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There’s no room in Western leadership for Marxist scumbags.


3 posted on 12/29/2012 11:53:58 AM PST by Gene Eric (Demoralization is a weapon of the enemy. Don't get it, don't spread it!)
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To: Olog-hai

“75% is excessive, but 74% is okay.”


4 posted on 12/29/2012 11:54:36 AM PST by Darksheare (Try my coffee, first one's free.....)
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To: Olog-hai
America has a fascist high court and France doesn't?!?!

Hoodah thunkit!

5 posted on 12/29/2012 12:01:09 PM PST by Happy Rain (Outlawing firearms because of Adam Lanza would be like outlawing free speech because of Bill Maher.)
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To: Olog-hai

france is hosed, anyway. sooner or later, the entire thing will collapse. any “constitution” that allows a tax, but prohibits a particular tax rate, is no constitution at all.

the french electorate voted to commit suicide. they should be allowed to finish their work.


6 posted on 12/29/2012 12:03:10 PM PST by JohnBrowdie (http://forum.stink-eye.net)
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To: Cincinna; AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; ...

Thanks Olog-hai.


7 posted on 12/29/2012 12:03:59 PM PST by SunkenCiv (Romney would have been worse, if you're a dumb ass.)
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To: Olog-hai

Yeah, diss France (predictably, YAWN!) while never admitting that no tax in this paradise of ours can ever or will ever be declared unconstitutional.


8 posted on 12/29/2012 12:05:44 PM PST by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: Revolting cat!
Yeah, diss France (predictably, YAWN!) while never admitting that no tax in this paradise of ours can ever or will ever be declared unconstitutional.

In the US otherwise unconstitutional acts can become constitutional if they are camouflaged as a mere "tax".

9 posted on 12/29/2012 12:27:40 PM PST by KarlInOhio (I'm tired of being beaten like a malcontent elf so Obama can pretend to be Santa.)
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To: Darksheare

Damn! Beat me to it. Lol!


10 posted on 12/29/2012 12:40:51 PM PST by MotorCityBuck ( Keep the change, you filthy animal! ,)
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To: Olog-hai

Someone hand Obama a hanky.


11 posted on 12/29/2012 12:42:53 PM PST by Huskrrrr
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To: Olog-hai
France’s Constitutional Council ruled that the tax band did not guarantee equality for taxpayers because two households with the same total revenue could end up with different tax bills.

Hollande will simply "fix" the problem by making sure those households pay the same exhorbitant tax bill.

12 posted on 12/29/2012 12:46:31 PM PST by Lancey Howard
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To: MotorCityBuck

Sorry about that!
[Text is now taxed at 74.99% rate!]


13 posted on 12/29/2012 12:48:21 PM PST by Darksheare (Try my coffee, first one's free.....)
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To: Lancey Howard

Yes,
and the French SC could grant summary judgement to
an appeal of this law etc etc until it’s LOW ENOUGH.

This, however might take some time. EH?


14 posted on 12/29/2012 12:58:36 PM PST by noah (noah)
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To: Darksheare

Thanks for the laugh. I needed that. Happy New Year.

MCB


15 posted on 12/29/2012 1:00:16 PM PST by MotorCityBuck ( Keep the change, you filthy animal! ,)
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To: MotorCityBuck

Welcome!
Happy New Year, ‘see’ you next year unless taxes, the grim reaper, my coffee, or the Abominable Snowman gets us all beforehand.
[Those HIDEOUS Yeti!!]
/ end bad joke.


16 posted on 12/29/2012 1:03:35 PM PST by Darksheare (Try my coffee, first one's free.....)
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To: Darksheare

I’m putting my $ on the Yeti. Bummels bounce. No problem with the Physical Cliff. At least that’s how I hear it with the idiot C-SPAN callers. Lol.


17 posted on 12/29/2012 1:12:14 PM PST by MotorCityBuck ( Keep the change, you filthy animal! ,)
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To: Darksheare

The problem is not all families with the same income, would be paying the same taxes.

I don’t know much about the French tax system — but, it sounds like they don’t allow income splitting. (Neither does Canada — yet.) Without income splitting, households where one spouse earns a lot more than the other, pay much more taxes than a household with the same total income, and two (more or less) equal incomes for tax purposes.


18 posted on 12/29/2012 1:17:58 PM PST by USFRIENDINVICTORIA
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To: MotorCityBuck

The winner is: Yeti!

Worst part is, I can hear Howard Cosell sayng that in his distinctive way.


19 posted on 12/29/2012 1:19:24 PM PST by Darksheare (Try my coffee, first one's free.....)
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To: Darksheare

Lol. Were showing our age. Down goes Yeti!! Down goes Yeti!!


20 posted on 12/29/2012 1:23:47 PM PST by MotorCityBuck ( Keep the change, you filthy animal! ,)
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To: Olog-hai

lolz


21 posted on 12/29/2012 3:23:18 PM PST by GeronL (http://asspos.blogspot.com)
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To: Olog-hai
This isn't a huge victory.

Had the 75% tax hit everyone of the same income level equally, it would have been allowed. The judges have no problem with confiscatory tax rates, they just found the current version of the law to be unequally applied.

22 posted on 12/29/2012 3:27:39 PM PST by BfloGuy (Workers and consumers are, of course, identical.)
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To: Happy Rain

Can we plead foreign (French) Law during the next rounds of Obamacare suits? Some of our legal fools might listen to that argument.


23 posted on 12/29/2012 3:42:03 PM PST by JohnBovenmyer (Obama been Liberal. Hope Change!)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

From one year earlier, thanks Olog-hai.


24 posted on 12/30/2013 6:15:23 PM PST by SunkenCiv (http://www.freerepublic.com/~mestamachine/)
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