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Stick-it-to-rich tax plan predicted to backfire on France



 
 
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Old October 18th, 2012, 10:46 AM posted to alt.fan.michael-moore,alt.horror,alt.activism.death-penalty,rec.travel.europe,aus.politics
PJ O'Deeee
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Default Stick-it-to-rich tax plan predicted to backfire on France


“Unfortunately, I think the politics we are leading in France will
turn out to be catastrophic for the economy, which is already in bad
shape,” said French economist Marc Touati, author of “When the
Eurozone Explodes.” “This is a serious mistake, something you learn in
[Economy 101] — it will aggravate the recession and therefore shrink
the tax base.”


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