France's Constitutional Council overturns 75% rich tax rate![]() December 29, 2012 - 14:48 AMT PanARMENIAN.Net - France's Constitutional Council said on Saturday, Dec 29, it was overturning a 75 percent upper tax rate on income above 1 million euros (816 thousand pounds) due to be introduced in 2013 by the seven-month-old Socialist government, Reuters reported. The 75 percent rate, which has infuriated high earners, was the flagship tax proposal of President Francois Hollande's campaign for the May election as he sought to make the wealthy be seen to contribute more towards reducing the public deficit. ![]() ![]() Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. ![]() ![]() Partner news | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |