• France is delaying a divisive fuel tax after days of violent protest from Yellow Vest movement that killed 3

    12 days ago - By Chron

    Mehdi Taamallah/NurPhoto via Getty Images
    France's Prime Minister froze a controversial diesel tax on Tuesday, one which sparked deadly riots in Paris.
    It's a victory for the Yellow Vest movement who say the tax, which jacked up diesel prices by 16% in 2018, hits the poor hardest.
    Protesters torched 100 cars in Paris on Saturday, defaced the Arc de Triomphe, and clashed with police.
    The protests have left three people dead, in road accidents connected to protest activities like blockades.
    French Prime Minister Edouard Philippe froze a controversial tax hike on Tuesday, which had sparked...
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  • When Burning Cars in Paris Gets You a Tax Freeze

    12 days ago - By Washington Post

    Emmanuel Macron's go-slow approach to changing France is pleasing nobody.
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  • Violent Protests Force Emmanuel Macron to Back Down on Fuel Tax

    12 days ago - By Fortune

    After weeks of nationwide protests in France, Emmanuel Macron has finally backed down.
    Prime Minister Edouard Philippe told ruling party MPs Tuesday that he would present “gestures of appeasement” in a TV address to prevent the febrile atmosphere from escalating.
    The proposed fuel increase sparked the ‘gilets jaunes' protests, which saw damage and violence in Paris and across the country over the past three weekends. The French economy has suffered as well, with retailers, hotels, and restaurants reporting their revenues have slid 15% to 50% since the protests began according to finance...
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  • France to freeze fuel tax in concession to the Yellow Vests protest

    12 days ago - By Fast Company

    After continued protests over the last few weeks from the “Gilets Jaunes,” the French government is reportedly tabling a controversial tax.
    Over the last few weeks, citizens in Paris-along with other French cities and towns-have taken to the streets in protest. Some of these events have turned violent; French authorities have turned to teargas, while some protestors vandalized the surroundings and set some streets ablaze. Demonstrations outside of Paris have even led to a few deaths, mostly due to car accidents caused by road blockades.
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  • France and Germany propose digital advertising fees after tax on tech giants fails

    France and Germany propose digital advertising fees after tax on tech giants fails

    12 days ago - By Venture Beat

    A new proposal by French and German officials aims to impose a 3 percent tax on digital advertising, a move no doubt intended to target Facebook and Google.
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  • Emmanuel Macron Expected to Ditch Contentious Fuel Tax after Violent Protests

    13 days ago - By Fortune

    After weeks of nationwide protests in France, Emmanuel Macron may finally be backing down.
    According to French media, the embattled president will announce a suspension of proposed fuel tax increases on Tuesday. The proposed increase sparked the ‘gilets jaunes' protests, which saw damage and violence in Paris and across the country over the weekend. The French economy has suffered as well, with retailers, hotels, and restaurants reporting their revenues have slid 15% to 50% since the protests began according to finance minister Bruno Le Maire.
    The gilets jaunes protest started as a...
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  • France is reportedly freezing a divisive fuel tax after days of violent protest from Yellow Vest movement that killed 3

    France is reportedly freezing a divisive fuel tax after days of violent protest from Yellow Vest movement that killed 3

    13 days ago - By Business Insider

    France's Prime Minister will freeze a controversial diesel tax which sparked deadly riots in Paris, French media say.
    It's a victory for the Yellow Vest movement who say the tax, which jacked up diesel prices by 16% in 2018, hits the poor hardest.
    Protesters torched 100 cars in Paris on Saturday, defaced the Arc de Triomphe, and clashed with police.
    The protests have left three people dead, in road accidents connected to protest activities like blockades.
    French Prime Minister Edouard Philippe will reportedly freeze a controversial tax hike on Tuesday which sparked deadly riots across...
    Read more ...