Designer Lagerfeld calls French president "idiot" over taxes

German designer Karl Lagerfeld appears at the end of his Haute Couture Fall-Winter 2012/2013 fashion show for French fashion house ChanelPARIS (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 Hollande's tax hikes, likened the president to Spanish Socialist former prime minister Jose Luis Rodriguez Zapatero. … USA, LLC