Multiple parties are jockeying for position in the aftermath of France's seismic snap election. The leftist New Popular Front (NPF) insists its ideas should be implemented.

Multiple parties are jockeying for position in the aftermath of France’s seismic snap election. The leftist New Popular Front (NPF) insists its ideas should be implemented.

France’s left wing New Popular Front (NPF) - now the largest group in parliament - has called for a prime minister who will implement its ideas including a new wealth tax and petrol price controls.

The leftist alliance secured the most seats in the recent French elections but fell short of the 289 needed for a majority in the National Assembly, France’s lower house of parliament.

President Emmanuel Macron’s Together bloc came in second and Marine Le Pen’s far-right National Rally (RN) party finished third.

France’s parties are now jockeying for position and it’s unclear exactly how things will shake out, but the NPF has insisted it will implement its radical set of ideas.

  • shuzuko@midwest.socialEnglish
    156·
    4 months ago

    Oh look, someone who doesn’t understand how progressive tax brackets work.

    The 90% only kicks in on any money made over €400k, bro. That means they’re already making that 400k (less whatever the prior tax brackets are), and if they make €400,100 then only that extra €100 is taxed at 90%. This is so far from hurting “normal working people” that I can hardly believe your take isn’t a deliberate troll.

    • SmkEnglish
      11·
      4 months ago

      I know how tax brackets work. That’s exactly how you can optimize your taxes. You try to lower your income as much as possible with all the shenanigans that exists in the law. That’s what I’m saying.

      If I do 410k and I don’t have time to optimize my shit, I’m penalized because very rich bro that owns company and shit can hire other bros to optimize their taxes.