The Coming Crisis: French 75% income tax struck down by constitutional council

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French 75% income tax struck down by constitutional council Dec 29th 2012, 16:16 France's constitutional council has struck down a top income tax rate of 75% introduced by Socialist President Francois Hollande. Raising taxes for those earning more than 1m euros (£817,400) has been a flagship policy for Mr Hollande. The policy angered France's business community and prompted some wealthy citizens to say they would emigrate. http://www.bbc.co.uk/news/world-europe-20864114

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