Friday, November 4, 2011

Nice couples, nice tax

These days, people who hear of the Sarkozy couple would have normally imagined this duo:

There's an offspring. The extreme right-wing politician Marine Le Pen was offended by the fact that the given name of Sarko's child, Giulia, is not pure dyed-in-the-wool French. But this will surely not give rise to a revolution.

Meanwhile, the major couple in the news is the Merkozy duo:

And a little bit of the Obamazy duo:

The couple strolled together in the rain, at Cannes, in front of musicians of the French Foreign Legion.

Then, on the Friday evening TV news, Obama heaped praise upon the French president for his rôle in the current Greek crisis.

I've never been a fan of Nicolas Sarkozy, but I've admired his tenacity in dealing with this affair… even though nobody is convinced yet that all the basic problems have been solved.

Governments of progressive societies need lots of finance to improve the situation of their citizens, and it's obtained through taxation. To my mind, Sarkozy is on the right track when he advocates a Tobin tax on financial transactions. I would imagine that François Hollande, our likely next president, would also strive to install this good tax.

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