Champagne Socialist
A quote from The Daily Telegraph, 18 January 2007
Segolene Royal, the doyenne of the French left, suffered an embarrassing blow to her image as a presidential candidate yesterday when she was accused of tax dodging. Faced with taunts about being a gauche caviar, the Gallic equivalent of a champagne socialist, she denied being rich, instead claiming that she was just “well-off.” Not only does she have part ownership in three impressive homes with her boyfriend, the Socialist Party chairman Francois Hollande, but the two have set up a real estate company to manage the properties. This has enabled them to reduce the amount that they pay in l’impot de solidarité sur la fortune, or ISF, a high tax imposed on anyone with assets of more than $985,000.
Recent comments
3 min 45 sec ago
19 min 41 sec ago
25 min 31 sec ago
50 min 55 sec ago
2 hours 21 min ago
3 hours 16 min ago
5 hours 58 min ago
6 hours 12 min ago
8 hours 29 min ago
10 hours 51 min ago