Things were working so well and they were so triumphant and full of themselves, at the end they couldn't help it: someone eventually spilled the beans and the spell was broken. Folks started waking up and suddenly realized the place stinks to high heaven...
They would have gotten away with it if it were not for this meddling Borloo, and also the decision to raise the minimum wage by a bare 2%: this sure was a cold shower. Europeans think a hundred miles is a long way. Americans think a hundred years is a long time.
http://obouba.over-blog.com/article-10850237.html
Short story: government mandated Eric Besson (ex PS now UMP) to study a possible raise of VAT (up to +5%) with a corresponding decrease of social cotisations on income. It was presented as a way to fight delocalisations but depending on the details it will likely be a way to lower tax progressivity.
One more thing: what is "délocalisation"/delocalisation? Outsourcing? *Lunatic*, n. One whose delusions are out of fashion.
Acronyms don't often transfer well. Once when I was wearing a t-shirt with the Washington DC baseball team's "DC" logo on it, a Chilean friend wanted to know why I was endorsing the Christian Democrats....
http://fr.wikipedia.org/wiki/TVA
Then click or move or your mouse on the "english" on the left column.
That's what I do (in reverse) for english acronyms I don't understand :)
