Has France Finally Fallen For The Entrepreneur; Sadly No As Tax Cuts Are Delayed

In the administration of former president François Hollande it was claimed that key players in the cabinet such as Pierre Moscovici and Michel Sapin Labour and then Finance) knew what was needed to solve the French competitiveness problem.

Back in June 2012 when Air France-KLM announced 5000 redundancies by year end Sapin’s reaction was to stress that he supported the right of the unions to engage the management. He added that corporations must realise that:That shows a complete lack of understanding as to how business works Further, why take such a strident tone given that at the time the Republic of France held a mere 18.6% stake in the airline.

This standoff led to an exodus of French creative business talent at a time when the Euro zone’s second largest economy needed growth. Macron announced that France had sourced €5 billion , from a wide range if institutional investors that would be directed toward technology startup firms. All European countries tax corporate income. However, corporate income tax rates differ substantially across countries. The lowest rate in Europe is 9% in Hungary and France has the highest rate.

Macron has overseen a change but not in way that will be a magnet for new investment. By 2020, the whole taxable income of all companies will be taxed at 28%. This is a disastrous rate as Europe’s average CIT rate is just 22.5% and the global average is 21.4%.

Has I can has cheezburger

Good on the gilet jaunes and unions for helping get pay rises for workers. The whole point of a union is to represent their workers and present their interests.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Taylor Swift Finally Explains That Kanye West Phone Call and How Their Friendship Fell Apart'Some events took place to cause me to be pissed off when he called me a bitch.' We need the love to begin again Taylor I like you but you’re a drama queen.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

The Biden Campaign Wants Giuliani Off the AirThough Giuliani probably doesn’t have to worry: The networks will probably keep having him on, especially now that The Impeachment is finally upon us. He’s Trump’s worst enemy at this point. Let him ramble and incriminate. Not smart on the part of the Biden campaign. A foolish move. Impinges on freedom of the press - and anyone on team Biden should want Rudy to be out there shooting himself in the foot as often as possible.
Source: NYMag - 🏆 111. / 63 Read more »

A populist party in Estonia pushes for cheaper boozeA Eurosceptic populist party has made a hefty cut to alcohol excise taxes in Estonia Well, good for them!! I don't trust them This is epic...literarily encouraging drinking This tax policy didn't worked anyway, many people was buying cheaper booze from Latvia.
Source: TheEconomist - 🏆 6. / 92 Read more »

TV Long View: Premiere Week Lows and TV's New NormalSame-day Nielsen ratings for network series have fallen precipitously in the past five years, and delayed and multi-platform viewing isn't likely to get all of those losses back. SVU is the only Law & Order show that’s still on the air? Good Heres what broadcast needs to do. 1. Cut seasons from 22 eps to 10-18 episode seasons. 2. Sort out ad breaks. 3. Have less gaps between episode airs. It ruins the flow of seasons & live retention. 4. Dont make everything start during the same week spread premieres through sep-oct
Source: THR - 🏆 411. / 53 Read more »

Shares In EDF Collapse Amid Mounting Costs And Falling ProfitsAs midday in Paris approached and equity trading on the French exchange, the CAC 40 reached its halfway point shares in Électricité de France SA (EDF) had fallen 6.35% to 10.03.
Source: Forbes - 🏆 394. / 53 Read more »