Multiple parties are jockeying for position in the aftermath of France's seismic snap election. The leftist New Popular Front (NPF) insists its ideas should be implemented.

Multiple parties are jockeying for position in the aftermath of France’s seismic snap election. The leftist New Popular Front (NPF) insists its ideas should be implemented.

France’s left wing New Popular Front (NPF) - now the largest group in parliament - has called for a prime minister who will implement its ideas including a new wealth tax and petrol price controls.

The leftist alliance secured the most seats in the recent French elections but fell short of the 289 needed for a majority in the National Assembly, France’s lower house of parliament.

President Emmanuel Macron’s Together bloc came in second and Marine Le Pen’s far-right National Rally (RN) party finished third.

France’s parties are now jockeying for position and it’s unclear exactly how things will shake out, but the NPF has insisted it will implement its radical set of ideas.

  • KevonLooney@lemm.eeEnglish
    52·
    4 months ago

    Yeah, the person you responded to doesn’t understand investment. No one makes investments based on taxes. They make investments based on demand.

    That’s why people build in NYC which has a million taxes and regulations, while tiny island tax havens have little investment beyond tourism. No, Austin is not the next Silicon Valley no matter how many tax breaks they give out. No, Atlanta is not the next Hollywood.