Anne Hidalgo, declared bankrupt

What if the 50% property tax increase in Paris was too big a mistake? Hampered by a huge debt and non-existent revenues, the mayor of Paris was forced to abandon his election promise not to raise local taxes. Why such a denial, and such a level rise? That’s what hangs over the City about putting him under possible guardianship. And it will be a blast. Raise property taxes, Ann Hidalgo had no choice. Even if this decision emphasizes the catastrophic state of the capital’s finances. Minister of Public Accounts Gabriel Atal said very clearly. “The state cannot fix the management problems of the Paris municipality. There are more civil servants in Paris than in the European Commission.” We have reached the phenomenal number of over 50,000 civil servants without actually knowing that they are 53,000. or 56,000, as data varies from source to source. Recall that when they arrived there were 40,000…