tax

2 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

Infographic: Per Capita State Income Tax

Not all states even have an income tax and the ones that do are widely varied due to tax rates and income amounts. To break things down the Tax Policy Blog over at the Tax Foundation put together this handy graphic showing the per capita taxes collected by state. Since not everyone pays taxes in the states with income tax and some pay more or less, this is really just an average tax collected. Check out the graphic after the jump. Continue reading