Winnipeg Free Press - PRINT EDITION

French president salutes taxpayers in wake of Depardieu's exile

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PARIS -- French President Francois Hollande is saluting entrepreneurs who set up businesses in the country amid a fierce debate about whether high taxes are leading wealthy French to leave.

Hollande's plans to raise a slew of new taxes, including a 75 per cent bracket for revenue over Ǩ1 million(Cdn$1.3 million), have raised grumbles.

The debate intensified when actor Gerard Depardieu announced he had moved to tax-friendly Belgium and would renounce his French citizenship.

Prime Minister Jean-Marc Ayrault called the move "pathetic," but Hollande wouldn't cast aspersions.

Instead, in a speech Monday, he said: "I want to salute the values of those who no doubt have lots but agree to pay their taxes in France, to produce in France, to create jobs in France, to serve their country."

-- The Associated Press

Republished from the Winnipeg Free Press print edition December 18, 2012 D2

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