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Designer Lagerfeld calls French president "idiot" over taxes

Published on Oct 19, 2012 11:02 PM

PARIS (REUTERS) - Fashion designer Karl Lagerfeld has accused President Francois Hollande of destroying France's economy by imposing painful taxes on the rich, calling the Socialist leader an "idiot".

The creative director of French fashion house Chanel, whose clients are largely the wealthy who stand to be most affected by Mr Hollande's tax hikes, likened the president to Spanish Socialist former prime minister Jose Luis Rodriguez Zapatero.

"This idiot will be as disastrous as Zapatero was," Mr Lagerfeld said in an interview with the Spanish edition of glossy fashion magazine Marie Claire published on Friday.

He added a famously blunt celebrity voice to criticism from business leaders at tax increases Mr Hollande is slapping on companies and the wealthy in trying to reduce France's big public deficit.

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