19 posts

French Football Clubs Will Strike To Protest Supertax

Soccer BallFrench football (meaning soccer to the Americans) clubs are going on strike to protest the 75% tax on those earning over 1 million euros annually. Ligue 1 and 2 clubs have announced that matches have been cancelled for the last weekend in November.

The two-year tax is meant to be a temporary measure as France deals with an economic crises. Originally meant to apply to households, the French constitutional counsel held that the tax as then written was unconstitutional. Lawmakers rewrote the law so that the tax would be on employers instead. Continue reading