Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Monday 23 July 2012
Wealthy French Angry Over Tax Hikes
n France, the parliament has voted through a programme to increase taxes on the rich. They now face a rise in wealth tax as well as a tightening of inheritance tax. And more is expected, including a 75 per cent tax rate on annual incomes of more than 1.2 million dollars. Tim Friend reports from Paris.
