Honor Mahony, EUObserver BRUSSELS - French president Francois Hollande suffered a major political blow over the weekend when his flagship policy to heavily tax the very rich was struck down.
The Constitutional Council on Saturday (29 December) ruled that the tax - 75 percent for those earning over one million euros a year - was unconstitutional because it taxed individuals rather than households.
Continue reading here:
http://euobserver.com/politica... 