Tax policy refers to the rules, regulations, and principles that govern how taxes are levied, collected, and managed by a government. It encompasses the framework for determining tax rates, the types of taxes imposed (such as income tax, sales tax, property tax, etc.), and the allocation of tax revenues. Tax policy is aimed at achieving various economic and social objectives, including revenue generation for government services, redistribution of wealth, economic growth, and incentivizing or discouraging certain behaviors (like investment or consumption). The effectiveness and fairness of tax policy are often subjects of public debate and analysis, as they impact individuals, businesses, and overall economic health.
**A contentious proposal from France's Minister of Labor and Employment has ignited a fierce discussion about taxing affluent retirees.** Astrid Panosyan-Bouvet suggested that the wealthiest pensioners should contribute to financing…