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  #2221 (permalink)  
Old 29th December 2012, 05:01 PM
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Default Re: ForeignMarketsWatch

Quote:
Originally Posted by Salida View Post
BBC News - French 75% income tax struck down by constitutional council

The constitutional council seems to have saved or mitigated the situation.
It didn't save the situation. It's only saying that the president and his team should go back and redraft and submit. The tax is aimed at individual earning 1m euros and above. But the court struck the case out because it's didn't consider households earning a combined income of 1m euros or above. And that is a nagation to french income laws which tax households rather than individuals.

All Hollande needs to do now is to redraft and the include households that earn 1m euros or more.

Anyway, the french are welcome to Nigeria!!!!
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  #2222 (permalink)  
Old 30th December 2012, 05:03 PM
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Default Re: ForeignMarketsWatch

Quote:
Originally Posted by Salida View Post
BBC News - French 75% income tax struck down by constitutional council

The constitutional council seems to have saved or mitigated the situation.
Hollande's 75% Tax Rate Loss Shows Limit of Ability to Tap Rich - Bloomberg
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  #2223 (permalink)  
Old 30th December 2012, 06:05 PM
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Default Re: ForeignMarketsWatch

Quote:
Originally Posted by Oracle View Post
It didn't save the situation. It's only saying that the president and his team should go back and redraft and submit. The tax is aimed at individual earning 1m euros and above. But the court struck the case out because it's didn't consider households earning a combined income of 1m euros or above. And that is a nagation to french income laws which tax households rather than individuals.

All Hollande needs to do now is to redraft and the include households that earn 1m euros or more.

Anyway, the french are welcome to Nigeria!!!!
coming to a country near you. wait until there is no more oil money to share. My quarrel with this and similar 'grab fro the rich schemes' is that it ends up punishing/discouraging hard work. Let's wait and see how far this experiment goes.
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  #2224 (permalink)  
Old 30th December 2012, 09:16 PM
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Default Re: ForeignMarketsWatch

Quote:
Originally Posted by Oracle View Post
It didn't save the situation. It's only saying that the president and his team should go back and redraft and submit. The tax is aimed at individual earning 1m euros and above. But the court struck the case out because it's didn't consider households earning a combined income of 1m euros or above. And that is a nagation to french income laws which tax households rather than individuals.

All Hollande needs to do now is to redraft and the include households that earn 1m euros or more.

Anyway, the french are welcome to Nigeria!!!!
Quote:
Originally Posted by waaan5 View Post
coming to a country near you. wait until there is no more oil money to share. My quarrel with this and similar 'grab fro the rich schemes' is that it ends up punishing/discouraging hard work. Let's wait and see how far this experiment goes.
Hollande's 75% Tax Rate Loss Shows Limit of Ability to Tap Rich - Bloomberg

Quote:
Major French companies are instead beginning to look into hiring senior managers in Amsterdam or in London, which is already the site of almost all new private equity recruitment, Chaney said.
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  #2225 (permalink)  
Old 31st December 2012, 05:55 PM
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Default Re: ForeignMarketsWatch

BBC News - CBI: UK must stay in Europe to boost business success
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  #2226 (permalink)  
Old 31st December 2012, 07:12 PM
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Default Re: ForeignMarketsWatch

Birinyi Odds Favor S&P 500 Record as Individuals Return - Bloomberg
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  #2227 (permalink)  
Old 31st December 2012, 07:13 PM
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Default Re: ForeignMarketsWatch

Gold Extends Longest Streak Since 1920 on Central-Bank Stimulus - Bloomberg
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  #2228 (permalink)  
Old 1st January 2013, 12:13 AM
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S&P 500 Has Best Final-Day Rally Since 1974 on Budget - Bloomberg
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  #2229 (permalink)  
Old 1st January 2013, 12:13 AM
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S&P 500 Has Best Final-Day Rally Since 1974 on Budget - Bloomberg
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  #2230 (permalink)  
Old 2nd January 2013, 01:15 AM
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Default Re: ForeignMarketsWatch

Quote:
Originally Posted by Salida View Post
BBC News - French 75% income tax struck down by constitutional council

The constitutional council seems to have saved or mitigated the situation.
BBC News - Hollande vows to revive French supertax
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  #2231 (permalink)  
Old 2nd January 2013, 03:48 PM
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Default Re: ForeignMarketsWatch

ZTE sells stake in subsidiary to boost balance sheet
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  #2232 (permalink)  
Old 2nd January 2013, 06:53 PM
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Default Re: ForeignMarketsWatch

BBC News - Markets rally on US fiscal cliff deal
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  #2233 (permalink)  
Old 3rd January 2013, 03:22 AM
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Olam Says in Best Shape Since 2005 IPO Amid Waters Attacks - Bloomberg
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  #2234 (permalink)  
Old 3rd January 2013, 03:24 AM
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Default Re: ForeignMarketsWatch

Al Jazeera Buys Al Gore's Current TV - Bloomberg
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  #2235 (permalink)  
Old 3rd January 2013, 03:57 PM
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Default Re: ForeignMarketsWatch

Buffett Like Icahn Reaping Tank Car Boom From Shale Oil - Bloomberg
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  #2236 (permalink)  
Old 3rd January 2013, 03:57 PM
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Default Re: ForeignMarketsWatch

U.S. Stock Futures Decline on Concern Over Budget Deficit - Bloomberg
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  #2237 (permalink)  
Old 4th January 2013, 05:19 AM
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Default Re: ForeignMarketsWatch

BBC News - Swiss bank Wegelin to close after US tax evasion fine
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  #2238 (permalink)  
Old 4th January 2013, 03:23 PM
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Default Re: ForeignMarketsWatch

U.S. Stock Futures Advance as Data Show Employment Growth - Bloomberg
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  #2239 (permalink)  
Old 4th January 2013, 03:24 PM
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Default Re: ForeignMarketsWatch

S&P 500 Futures Rebound on Jobs Data as Dollar Gains - Bloomberg
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  #2240 (permalink)  
Old 4th January 2013, 03:42 PM
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Default Re: ForeignMarketsWatch

BBC News - US unemployment rate holds steady in December at 7.8%
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