Keyword: rich

Yes, 2013 was a very good year...if you were rich

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According to many financial experts, last year marked a turning point in which the world finally began to put the financial crisis behind it. But if 2013 was the year when stock and property markets recovered to pre-crisis levels, it was also a period when the gap between the super rich and everyone else widened to levels not seen for practically a century. In the United States, as much as half of national income went to the very rich, a concentration of wealth last seen in 1917. In Europe poverty has made a comeback, and the most disadvantaged are scrambling to feed themselves and their families. Martine Orange reports.

France hits rich families' tax breaks in benefit reforms

Bulk of savings will come from reducing the income tax exemptions that wealthy parents can claim according to number of children they have.

French PM slams flight of the 'greedy rich'

Jean-Marc Ayrault attacks wealthy citizens fleeing France's punitive tax on high incomes as greedy profiteers seeking to "become even richer".

French football discovers the power of bling

The Qatari buy-up of Paris football club PSG saw the arrival of big bucks and big stars, but there's an innate French distaste for bling, argues The Economist.

French socialist's wealth tax 'more show than dough'

Media reports suggest the new French government's proposed 75% tax on the super-rich is to tweaked to affect only some 1,000 mega-rich.

Wealthy hit hardest as France raises taxes

Socialist government has announced a big one-off increase in wealth taxes, by far the biggest single element in a €7.2bn package of new levies.

French rich prepare for exile in London

Plush London districts are attracting super-rich migrants from France, scared by a tide of tax hikes promised by presidential election candidates.