Home » Communism, Economy, Europe, Injustice, Politics, Theft » France's 'Socialist' Government Is Full of Millionaires

France's 'Socialist' Government Is Full of Millionaires

submit to reddit

French Minister of Economy Emmanuel Macron and investment banker at Rothschild & Cie.

One minister reported an annual income of more than US$9.7 million.

More than a dozen French ministers have declared an income more than 1 million euros (US$1.1 million) in 2016, representing more than a third of the 39 ministers of the ostensibly “socialist” administration of Francois Hollande, La Tribune reported on Wednesday.

France’s official transparency watchdog, HATVP, reviewed the tax declarations of French state officials for 2016, with ministers reporting incomes ranging from 27,000 euros (US$31,000) for Housing Minister Emmanuelle Cosse of the Green Party to 8.7 million euros (US$9.7 million) for Minister of Territory Management Jean-Michel Baylet of the ruling Socialist Party. Overall, 14 ministers reported incomes in excess of 1 million euros.

Investment banker and Minister of Economy Emmanuel Macron, the main author of a bill curtailing workers’ rights, declared an income of 3.6 million euros (US$4 million).

The Hatvp was created in 2013 after a massive scandal involving Jerome Cahuzac, a cosmetic surgeon and then-minister of economy who lied about a hidden bank account in Switzerland —and was later revealed in the Panama Papers to be the owner of an offshore company.

The fortunes of politicians have become a hot topic in France, where inequality and poverty have steadily grown in the past 15 years, according to a 2015 report by the Organization for Economic Co-operation and Development.

According to a 2015 study by Credit Suisse, France ranked ninth in the world in terms of its number of millionaires.


VN:F [1.9.22_1171]
Rating: 5.0/5 (2 votes cast)
France's 'Socialist' Government Is Full of Millionaires, 5.0 out of 5 based on 2 ratings


Did you like this information? Then please consider making a donation or subscribing to our Newsletter.
  • Lone Ranger

    France is the next venezuela but in fact it will be worse under sharia law and no go zones.
    Marxist love their jihadi toyboys, the new useful iditos they can use to get total power over a destroyed society.

  • skreamer

    I want to visit the Eiffel Mosque Tower! -_-
    Remember when superman saved Paris by removing a Nuclear bomb from the Eiffel Tower?
    What a dick! ….If he had let it go off, …Paris would now be a radioactive shit hole with no one living there and would be a perfect place for all the Muslims!
    If only superman wouldn’t interfere all the fucking time!

Copyright © 2009 The European Union Times – Breaking News, Latest News. All rights reserved.