French Socialist President Francois Hollande’s newly elected government is planning to raise taxes on big companies while deterring businesses from engaging in layoffs by making that process more costly. Hoping to nudge companies into investing rather than paying profits to shareholders, the government plans to impose a new 3% tax on dividends. Other plans include [...]
Tag: "Francois Hollande"
France’s new President Francois Hollande is a Socialist and his party is set to win the majority in the country’s legislature. Bloomberg.com is reporting that Hollande’s coup isn’t complete yet, but will be shortly: Hollande will have to wait until the June 17 second round to know if he has an absolute majority or will need allies [...]