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France

France’s left-wing New Popular Front says it is preparing to implement a programme that includes a 90 per cent tax rate on the rich after winning Sunday’s snap parliamentary elections.

French left-wingers ‘prepare to govern’ with 90% tax on rich

The left-wing French coalition hoping to introduce 90

Eric Coquerel

A 90% tax on income above €400,000 (currently about £338,000) is part of a proposed income tax scale with 14 brackets, a policy of the France Unbowed party (La France

Eric Coquerel, a leader of one of the New Popular Front says that the tax would “not be considered confiscatory” because it would only have an impact on “the highest portion