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Halls of Shrewd'm / US Policy
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Author: Dope1   😊 😞
Number: of 48470 
Subject: Re: FRANCE: PERFECT
Date: 07/09/2024 3:48 PM
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And here we are!

https://www.dailymail.co.uk/news/article-13614769/...

Le grand escape! Panicking French elite bombard wealth managers with enquiries about moving to Italy and Switzerland amid growing fury over victorious hard-left's plans for 90% tax on rich and huge spending increases

Yup!
If I'm Giorgia Meloni, I'm building huge billboards right across the border in Italy aimed at wealthy French: Move here and we won't mess with you!

The hard-left alliance plans a huge spending spree that would deliver a major boost to minimum wage and public sector pay, reduce the pension age from 64 to 60 and freeze prices of essential goods - measures it claims will cost some €150 billion over three years.

But Macron's camp warned it could cost as much as €300 billion and will entail the scrapping of tax breaks and credits for companies as well as soaring income tax.

Ministers have also warned against such a spending spree given that France is already grappling with a budget deficit of 5.5% of GDP.


They won't listen, and they won't learn.
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