France’s New Popular Front (NFP) has released its economic agenda after securing the most seats in parliament on Sunday, which includes a 90 percent income tax on citizens with an annual income above €400,000, as reported by Sky News.
This comes after the NFP, France’s far-left political wing, gained more seats than Marine Le Pen’s right-wing National Rally (NR) and President Macron’s Ensemble Alliance in an upset snap election after the NR’s stunning victory in June.
While the leftist alliance won the most seats, it was unable to secure a majority in the National Assembly, France’s lower chamber of parliament, which requires 289 seats to maintain control. The NFP picked up 182 seats, President Macron’s party came in second and the NR came in third.
The NFP released a set of ideas it will propose and called on Macron to appoint a member of the NFP as prime minister. […]
— Read More: humanevents.com