Market Talk – December 5, 2023
ASIA: Moody’s has downgraded China’s government credit rating outlook from stable to negative due to concerns about potential lower medium-term economic growth and the ongoing contraction of the property [...]
Left Opposes Lowing Taxes on Rich in France to Bring them Home
An online petition from the left in France is demanding that Macrone tell the “truth” about the tax rate the top 100 French will be taxed. They refuse to look at economics and insist that whatever wealth the rich have really belongs to them. Naturally, they have already gathered more than 10,000f French signatures demanding “truth” from their government. They want to know the plans for a far-reaching abolition of the rich tax. It does not matter that so many have left France and will not return. That is always irrelevant to the left.
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