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Old 11-19-2007, 02:39 PM   #1
Galaxy
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Join Date: Apr 2005
Sarkozy and France

One the biggest events in the world in the last few months was the victory of Nicolas Sarkozy and his center-right government. Since taking office in mid-May, he's created a pretty diverse cabinet and seemed focused on crafting France's foreign policy with his travel.

He also, with his government, revoked inheritance taxes for those expect the wealthiest as well as changes when it is taxed. Also passed was a reduction cap on all taxes (including social secruity, property, local, wealth, ect.) to 50% from 60%. A big tax is the 35-hour week work. All overtime income (35 hours) is tax-free.

Now, France is in a big fight with the transport workers on strike. Seems like the big challenge.

Anybody been following?


Last edited by Galaxy : 11-19-2007 at 02:40 PM.
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Old 11-19-2007, 06:40 PM   #2
st.cronin
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Join Date: Oct 2004
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I've been following, I get a good vibe from Sarkozy, but I don't really have a good feel for what direction France is going in.
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Old 11-19-2007, 07:36 PM   #3
Galaxy
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Quote:
Originally Posted by st.cronin View Post
I've been following, I get a good vibe from Sarkozy, but I don't really have a good feel for what direction France is going in.

It will be interesting to watch.
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Old 11-19-2007, 07:56 PM   #4
Buccaneer
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I also have a good vibe and will be following, if nothing else but to see how such an entrenched work and socioeconomic can (and should) be changed.
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