France’s “millionaire’s tax” gets constitutional go-ahead - CBS News

France’s “millionaire’s tax” gets constitutional go-ahead - CBS News (Dec 29, 2013): PARIS - 

"France's Constitutional Council gave the green light on Sunday to a 'millionaire's tax', to be levied on companies that pay salaries of more than 1 million euros ($1.38 million) a year.
The measure, introduced in line with a pledge by President Francois Hollande to make the rich do more to pull France out of crisis, has infuriated business leaders and soccer clubs, which at one point threatened to go on strike.

It was originally designed as a 75 percent tax to be paid by high earners on the part of their incomes exceeding 1 million euros, but the council rejected this, saying 66 percent was the legal maximum for individuals."

"Under its new design, which the Council found constitutional, the tax will be an exceptional 50 percent levy on the portion of wages exceeding 1 million euros paid in 2013 and 2014."

While the rich are screaming and kicking at the supposedly high tax rate, the poor quietly and stoically continue to pay the illegal 100% tax on their citizen dividend. 

It's ok. Tax the poor 100%.

It's ok. Tax the poor 100%. Confiscate their citizen income.
But you better not tax the rich 75%.

France: Supreme Court supports citizen dividend?

Hollande Tries 66% - WSJ.com:

'But on Friday it admitted defeat, citing the latest legal guidance from the Conseil d'Etat, France's highest administrative court. Constitutional principles also bar cumulative marginal taxation above 66% of income, be it from capital gains, inheritance, work, etc.'

'The "marginal maximum tax of two thirds, regardless of the source of income, must be regarded as the threshold beyond which a tax may be censored by the constitutional judge as being confiscatory or as imposing an excessive burden," the Conseil said Thursday.'

Can this latest legal guidance be the legal basis for a citizen-ownership dividend in France? Has François Hollande triggered a citizen dividend for France?

Citizen-ownership dividend is a citizen income that is taxed away at 100%. Based on this legal guidance, at least 34% of citizen dividend must be returned to citizens.

		Citizen-owned Common Wealth
		↓ generates
Citizen pockets	← citizen-ownership dividend	Common Profit	→ hidden 100% tax	State coffers