France seriously impairs their Ligue 1 and its stars, but does well?
France is in shock these days. The reason for the future vote on the Finance Law 2014 that the national Parliament plans to vote between the end of November and the beginning of December and that it intends to impose a new tax for the rich that, if approved, will make companies pay a 75% of the salary of all workers who earn more than one million euros. The amount of tax that will be applied for two years (2013 Y 2014) will have a limit of 5% of the company's turnover.
A law based on progressivity that seeks for the rich to assume the greatest fiscal expenditure to the detriment of the poor, but which has generated great discomfort in the world of football, which has already announced a strike on the weekend of 30 of November. And it is that for the Union of French Professional Clubs (UCPF), headed by its president Jean-Pierre Louvel, if the law was passed, French football would receive a stab of death.
25.000 jobs would be in danger and thirteen teams from the Ligue 1 would be affected, for a total amount of approximately 44 millions of euros, including more than 20 million just for PSG. Definitely, France would lose chances of being able to sign big stars in relation to other European teams. But nevertheless, the question, beyond sports, is clear, Is the state right to take this measure?
There are reasons for both positions. In favor of the new tax entry, is the social issue. The most favored layers should help the weaker ones. And in that sense, it's okay for billionaires to help the most economically inferior earners. A country like France, cradle of equality, has always been in favor of helping the weakest and this should not change. But nevertheless, sportingly, it is clear that it is a blow to the league 1 and flirt 2. But a blow more external than internal.
Because while they would lose strength compared to other European teams when bidding for a star, internally sports would balance the league more, allowing poor teams to get a little closer to PSG, Monaco and company. Actually, maybe, the correct position would be the entry of the tax at the community level so that everyone plays on equal terms, although of course more than one, you will not be amused.