To Tax or Not to Tax – Hollande’s Dilemma
As the French threaten a tax revolt, leHuffPost has published this video comparing candidate François Hollande’s firm views on any more taxation with his tax actions since election. The balance is decidedly unfavourable.
The clip from LeHuffPost is one likely reason why the Socialist replacement candidate — now just 18 months into his five-year presidential term — has become the country’s most unpopular head of state ever, according to latest opinion polls.
The clip unfavourably juxtaposes televised statements by the president during the election campaign about his opponent’s “tax zig-zags” and his own what-it-says-on-the-tin policies.
A Reuters report October 28 says President Hollande’s popularity fell to 26%, the lowest such figure reported in the 32 years since the poll — carried out by BVA — has been running and the first time a French president’s ratings have dropped below 30%. His record low approval rating follows growing discontent over steeper taxes — which have risen by 70 billion euros in the past three years — the sluggish economy and a worsening jobless rate — the latter currently afflicting all except core European Union member states.
- Hollande’s Tax Everything Plan Blows Sky High With Riots by Farmers; Hollande Backs Down on Ecotax, on a Tax on Savings, On Corporate Earnings; Something For Nothing (globaleconomicanalysis.blogspot.com)
- Francois Hollande Is Now The Least Popular French President Ever (businessinsider.com)
- Football challenge over France tax (bbc.co.uk)
- Mish/ Mike Shedlock – Hollande’s Tax Everything Plan Blows Sky High With Riots by Farmers; Hollande Backs Down On Ecotax, On A Tax On Savings, On Corporate Earnings; Something For Nothing – 1 November 2013 (lucas2012infos.wordpress.com)
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