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Major tax reform: will Hollande pull the trigger?

Since François Hollande's election, taxes have certainly gone up, which partly explains his record low popularity ratings. But now his Prime Minister Jean-Marc Ayrault is suddenly pledging a major overhaul of the byzantine tax system in France. Also this week, there was a breath of fresh air as the French football team pulled off a miracle by coming from behind and qualifying for the 2014 World Cup. Hollande was quick to seize upon the victory.

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