Eclectic Lip: The millionaire tax, American- and French style

(originally written Apr 19, 2012.  Part of my Great Upload of 2013.) The American “millionaire tax” plan At the moment, Obama is facing stiff resistance from his proposal to tax all income above $1,000,000 per year at a rate of 30%.  This, despite the support of one-time world’s-richest-man Warren Buffett, who wondered in a NY ...