French super-rich urge wealth levies

Some of France’s richest people, including the billionaire heiress of L’Oréal and the head of oil giant Total, yesterday urged…

Some of France’s richest people, including the billionaire heiress of L’Oréal and the head of oil giant Total, yesterday urged the government to tax them more to help solve the country’s financial problems.

In a petition published on the website of Le Nouvel Observateur,16 company executives, business leaders and wealthy individuals urged the creation of a "special contribution" to target wealth without forcing the rich to quit France. – (Reuters)