France’s triumphant left-wing coalition unveils its radical plans for government including a 90 per cent tax rate on the rich, lowering the retirement age and huge spending
Manuel Bompard, coordinator of France Unbowed, said: ‘We are preparing to govern, to apply the programme which is ours.’
The programme includes a 90 per cent tax rate on any annual income above €400,000, a reduction in the retirement age from 64 to 60, a block on the price of essential goods, a 14 per cent increase in minimum wage and spending commitments of at least €150 billion over three years.