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.
I think I’ve had this conversation with you before. Anyone who uses the “they’ll just leave” argument as a reason not to do it simply isn’t arguing in good faith.
This is a good start, for sure, but it should not be the end at all. The wealthier people get, the more effort they put into hiding/keeping that wealth.
Income/wealth/property/capital gains taxation is a balancing act. You want everyone paying their share; and everyone simultaneously agrees with that notion, while wanting to pay the absolute least for themselves. I would also argue that people need to see the benefits of that taxation in the form of maintained infrastructure and properly funded services. If it all just goes into the pockets of, e.g., the US military industrial complex, people will be less inclined to pay taxes at all.
Entirely possible. I’ve certainly discussed this topic multiple times. And yes, agreed, we need to do a lot more to curb excessive wealth.