France Considers Tech Tax to Fund Arts

Francois Hollande, France's president, is mulling a potential tax on smartphones, laptops and tablets in order to fund the nation's cherished cultural exception. The revenue generated from such a tax would be earmarked for the cultural exception, which supports French music, film and visual art. France currently spends north of $130 million a year funding these endeavors.

Source: http://www.technewsworld.com/rsstory/78033.html

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