I read our current national debt is $13,169,257,749,345.36 give or take a few hundred thousand. This is a pretty big number if you ask me. This is why I am sending you $5. By my calculations this will make the debt a slightly more manageable $13,169,257,749,340.36! Just think, if everyone in the world did this we could get this debt whipped into shape in no time!
Gilles Carrez, a member of the parliamentary budget committee for the ruling UMP party, has said that a levy of 2 per cent on those with annual revenue of more than €1-million would affect some 30,000 people and would bring in about €300-million for state coffers.
In France, President Nicolas Sarkozy is already planning to axe some tax exemptions that benefit the wealthy as he seeks some €5-billion ($7.2-billion) to €10-billion in extra revenue in the 2012 budget following a market rout that has highlighted concern over French public finances.
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