FT Discovers 'Super-Rich' Exist, Questions Tax Breaks for Them
The Financial Times, ever vigilant in its reporting on global finance, has brought forth an astounding revelation to its readers: France's 'super-rich' might be benefiting from 'tax breaks.' The piece even suggests it's 'time to guillotine' these perks, a surprisingly vivid turn of phrase for a publication that typically prefers the delicate surgery of wealth management. (Lest we forget, this is
the same FT that consistently champions the economic wisdom of austerity for everyone else.) This sudden interest in France’s economic inequities raises a critical question: Where was this fervor when these 'tax breaks' were being cemented, often with the enthusiastic backing of global financial media? Perhaps the 'super-rich' are finally getting so super-rich that even the FT can't ignore the
optics. Or perhaps, like a broken clock, even a mouthpiece for capital management occasionally stumbles upon a truth, especially when public anger reaches revolutionary temperatures.