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In a government. Surprise, surprise.

But not in America. {No surprise there}

It’s in France no less.

Embattled French President Francois Hollande suffered a fresh setback Saturday when France’s highest court threw out a plan to tax the ultrawealthy at a 75 percent rate, saying it was unfair.

In a stinging rebuke to one of Socialist Hollande’s flagship campaign promises, the constitutional council ruled Saturday that the way the highly contentious tax was designed was unconstitutional. It was intended to hit incomes over €1 million ($1.32 million).

The largely symbolic measure would have only hit a small number of taxpayers and brought in an estimated €100 million to €300 million — an insignificant amount in the context of France’s roughly €85 billion deficit.

Who’d a thunk it? The French, with a far-left SOCIALIST president (further left than Al-Obambi mind you), have the smarts to realize taxing the wealth ain’t gonna fix the problem.

Bravo French courts, bravo.




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