French President Made To Withdraw His Bigoted Plans.

Hollande's policy to 'make the pips of the rich squeak' have been struck down.
Amidst countless stories coming out of Paris that the rich were moving funds and investments out of France at a huge rate - this can only be a good thing for the French taxpayers.
Socialists seemingly resort to prejudice, venom and naked hatred when un soupçon de pragmatisme would serve the people far better.
http://euobserver.com/political/118624
PS. Incidentally, I hold no brief whatsoever for the super rich. If we could tax the blighters and it not cause economic mayhem, I would probably be pretty much in favour.