FRANCE TAXES AT 100% ~ THIS IS YOUR FUTURE

Thousands of French Households Taxed Over 100%

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The Money GPS is the book by David Quintieri featuring Bob Chapman, James Turk, and David Morgan.

FREE version @ http://themoneygps.com/free
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France has a raft of regulations governing shopping, and its labor unions ensure that they are strictly enforced. As well as strict limits on opening and closing hours, the rules only allow sales during certain periods of the year, price promotions are circumscribed, loss leaders are illegal, store sizes are limited and even the types of shops allowed to open up are regulated. 

More than 8,000 French households’ tax bills topped 100 percent of their income in 2012, according to a French newspaper report.

Citing data from France’s finance ministry, the business newspaper Les Echosreported on Friday that in addition to those taxed at over 100 percent last year, almost 12,000 households paid taxes worth more than 75 percent of their 2011 income and that a further 9,910 households were taxed at more than 85 percent of their income.

The International Monetary Fund disbursed the next $1 billion aid tranche to Ireland on Wednesday, as the European island nation remains on track with the conditions of its loan program.

The IMF is one of a trio of lenders overseeing Dublin’s 85 billion euro ($115 billion) bailout, necessary after its biggest banks collapsed in 2010. The IMF’s portion of the program is about $30 billion.

http://ca.news.yahoo.com/unemployment-high-france-forces-stores-close-early-163751855.html
http://www.cnbc.com/id/100749491
http://www.cnbc.com/id/101063693

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The Money GPS is the book by David Quintieri.
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FREE copy @ http://themoneygps.com/free
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