France hints at lowering 75% tax on rich

France's socialist government has hinted that a replacement for its controversial 75 per cent income tax bracket, struck down late last month by the country's constitutional council, may be at a lower rate but imposed for the rest of its five-year mandate, not just two years as previously proposed.

Source: http://edition.cnn.com/2013/01/06/business/france-tax-rate/index.html?eref=edition

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