On Saturday, France's highest court overturned President François Hollande's plan to tax those who make more than €1 million ($1.32 million) — like Bernie — at a 75 percent rate, calling it unfair, the AP writes. It wasn't so much the 75 percent that bothered the court, but the distribution of income among families, i.e. "A household with two earners each making under €1 million would be exempt from the tax, while one with one earner making €1.2 million would have to pay."
Via: Looks Like Belgium Will Remain in Need of Bernard Arnault
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