The French tax hike was ruled unconstitutional not because such a rate cannot stand, but because of a legal hitch in the wording. As written, it applies to individuals rather than to household income. The government has already announced that a reworded tax hike will be passed in January.
In other words, plus ça change, plus c'est la même chose. Even so, this delay of a few weeks represents the greatest strategic French victory in living memory.
IWhenever you can't utterly solve a problem with one shot, then it's not worth doing incrementally.
ReplyDeleteI agree: can we cut back spending from its post-WWII record level? Incrementally?
ReplyDeleteNo...no we can't.
The French tax hike was ruled unconstitutional not because such a rate cannot stand, but because of a legal hitch in the wording. As written, it applies to individuals rather than to household income. The government has already announced that a reworded tax hike will be passed in January.
ReplyDeleteIn other words, plus ça change, plus c'est la même chose. Even so, this delay of a few weeks represents the greatest strategic French victory in living memory.