French Plutocrats Tell Government “Please Tax Us”

Sunday, September 04, 2011
Reuters, The Globe And Mail

[Reuters] Some of France’s richest people, including the billionaire heiress of L’Oreal SA and the head of oil major Total SA, urged the government to tax them more to help solve the country’s financial problems.

[Reuters] In a petition published on the website of weekly magazine Le Nouvel Observateur on Tuesday, 16 company executives, business leaders and super-rich individuals called for the creation of a “special contribution” that would target wealth without forcing the rich to quit France for overseas tax havens.

Read Full The Globe And Mail Article

Posted by Editor on 09/04/11 at 06:05 AM • (0) Comments

Tags: wealth, taxes, france,