REUTERS - French presidential frontrunner Francois Hollande says he will raise taxes on the rich, cut tax on profits for smallest firms and cancel billions of euros of tax breaks introduced by conservative Nicolas Sarkozy if he replaces him in May. The Socialist Hollande, leading opinion polls, also says he will erase a large public deficit by 2017, marginally later than the current government, but argues in a manifesto unveiled on Thursday that he could do so and still create 60,000 teaching jobs and 150,000 state-funded jobs for first-time workers. His election campaign director Pierre Moscovici said the left was serious about balancing the country's books and accused Hollande's main adversary of attempting to mislead voters.
REUTERS - French presidential frontrunner Francois Hollande says he will raise taxes on the rich, cut tax on profits for smallest firms and cancel billions of euros of tax breaks introduced by conservative Nicolas Sarkozy if he replaces him in May.
The Socialist Hollande, leading opinion polls, also says he will erase a large public deficit by 2017, marginally later than the current government, but argues in a manifesto unveiled on Thursday that he could do so and still create 60,000 teaching jobs and 150,000 state-funded jobs for first-time workers.
His election campaign director Pierre Moscovici said the left was serious about balancing the country's books and accused Hollande's main adversary of attempting to mislead voters.
Unfortunately, most of the progressive community bought into the Hope and the Change and never read the fine print. keep to the Fen Causeway
Politicians should be required to put their promises on paper and sign them. For an example, Obama pledging to close GitMo. After 2 years in office, if he fails in ANY of his pledges, he's legally executed in public along with his entire family and all people in his country club(s). If politicians knew this was the rule going in, they would be less likely to try to use abject lies to get in office. As it is, they have absolutely no skin in the game. Big mistake. In the end, might makes right. Nothing has changed since the caveman.
