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Boy this does seem like a crazy law.  If someone is wealthy, it effectively means that they should have a low paying job, or somehow show very little income, so that the 60% ceiling would be a very low number.  
by wchurchill on Sat Mar 31st, 2007 at 01:20:07 PM EST
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This law is just a way to repeal the wealth tax without officialy repealing the wealth tax (which would anger french voters).

Plus it has the side effect of lowering contribution to social tax based on salaries since wealthy people will now get very low salary.

Welcome to France under a right-wing government :).

by Laurent GUERBY on Sat Mar 31st, 2007 at 01:49:53 PM EST
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