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  • French bosses round on ‘deadly’ wealth tax plans

    Wealth

    Some of France’s most high-profile entrepreneurs have rounded on a wealth tax proposal being touted by a party key to the flailing government’s fortune, warning it would risk “destroying the French economy” and sparking an exodus of the country’s wealthiest residents. Bernard Arnault, the billionaire chief executive of luxury behemoth LVMH and France’s richest man, [...]

    LVMH's billionaire boss Bernard Arnault said the wealth tax would "destroy the french economy"

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