Hollande Ousts Sarkozy in French Election
Domestically, Mr. Hollande has promised to raise taxes on big corporations and to increase the tax rate for those earning more than 1 million euros, or about $1.3 million, a year to 75 percent. He says that over the next five years, he will spend about $26 billion on programs and increase taxes by about $38 billion in order to balance the budget by 2017. Mr. Hollande has vowed to raise the minimum wage, hire 60,000 more teachers over five years and lower the retirement age from 62 to 60 for manual workers who started work as teenagers….
Rocky Anderson ousts Obama!