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Tuesday, August 23, 2011

France’s Rich Say ‘Tax Us More’ - The Wealth Report - WSJ

France’s Rich Say ‘Tax Us More’ - The Wealth Report - WSJ

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    A group of 16 of the richest people in France has signed a petition asking the French government to increase their taxes. The group includes Liliane Bettencourt, the billionaire heiress of L’Oreal; Christophe de Margerie, the head of oil giant Total; Frederic Oudea of bank Société Générale; and Jean-Cyril Spinetta, president of Air France KLM SA. (Given SocGen’s share price, Mr. Oudea may not have as much wealth to tax).

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