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Report: France to abandon rich tax

24.01.13 @ 10:04

  1. By EUOBSERVER

French radio station Europe 1, citing anonymous sources, has reported that President Francois Hollande plans to abandon his 75% tax on millionaires. The tax, central to his election campaign, was struck down by the Constitutional Court on a technicality and will not be reintroduced, the French broadcaster noted.

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