%75 millionaire tax approved in france

[brianmanahan]

high tax advocates rejoice! there will be a %50 income tax rate on income over 1 million eur in france, and when all other taxes are applied that total rate will be close to %75.

http://www.bloomberg.com/news/2013-...ts-court-approval-for-75-millionaire-tax.html

now watch as rich people leave france :awe:

 

[Drako]

Companies will just figure out a way to get under the "5% of revenue" clause, so while it makes Hollande look good to his socialist supporters, it will have little to no effect.

 

[Incorruptible]

These socialists are all pieces of shit. Does this moron not realize the consequences of his idiotic taxes? Hopefully all the rich people leave and screw over France to teach them a lesson.

 

[Anarchist420]

some people pay dangerously close to 75% of their income in taxes here; my dad paid about a little over 45% of his income in taxes in 1995... sucks ass that the years he made the most money was when the clinton rates were in effect.

 

[Anarchist420]

and dont forget that u.s.g can always charge anyone to exercise their natural right of exit so that fewer people will move.

 

[nickbits]

These socialists are all pieces of shit. Does this moron not realize the consequences of his idiotic taxes? Hopefully all the rich people leave and screw over France to teach them a lesson.

This

 

[jman19]

These socialists are all pieces of shit. Does this moron not realize the consequences of his idiotic taxes? Hopefully all the rich people leave and screw over France to teach them a lesson.

We shall see. I agree that these taxes are beyond excessive, but will be interesting to see what happens. Glad the experiment isn't taking place here.

 

[gevorg]

the French millionaires will just move their money to Gibraltar or some other richie tax haven

 

[Scotteq]

Very old news - Rich French started moving to other countries last year, before the new rates took effect.

http://www.nytimes.com/2012/12/13/w...rdieu-called-pathetic-for-leaving-france.html

http://www.reuters.com/article/2012/09/08/us-france-tax-lvmh-idUSBRE88709520120908

http://www.nbcnews.com/business/frances-rich-tax-means-paris-mansions-sale-1C6529322

http://nypost.com/2012/10/13/mayors-rich-french-lesson/

 

[dmcowen674]

%75 millionaire tax approved in france

Good

Hope the U.S. copies this pronto.

The rich don't trickle anything other than shit so have to force it.

 

[Moonbeam]

the French millionaires will just move their money to Gibraltar or some other richie tax haven

Money can't buy the French way of life. French bread, French wine, French cuisine, French countryside, French cities, French sexual mores. Please, your Davy Crockett mentality would never understand.

 

[Incorruptible]

We shall see. I agree that these taxes are beyond excessive, but will be interesting to see what happens. Glad the experiment isn't taking place here.

Some of the rich already moved. Hopefully more of them to leave to teach those socialist morons a lesson.

 

[brianmanahan]

Money can't buy the French way of life. French bread, French wine, French cuisine, French countryside, French cities, French sexual mores. Please, your Davy Crockett mentality would never understand.

french bums peeing openly in the street, french poodles crapping all over the place, ugly old french dudes walking around naked on the beach, nasty french waiters refusing to serve you because your french isnt good enough

 

[brianmanahan]

Good

Hope the U.S. copies this pronto.

The rich don't trickle anything other than s**t so have to force it.

dont worry dmcowen, rich people in CA get taxed like %55 already

 

[LTC8K6]

How are the employers supposed to do the 2013 part?

The employees have presumably already been paid their 2013 salaries.

 

[Generator]

sucks ass that the years he made the most money was when the clinton rates were in effect.

And why do you think that was? The whole economy is booming despite the Clinton rates...just some coincidence?

 

[Fanatical Meat]

And why do you think that was? The whole economy is booming despite the Clinton rates...just some coincidence?

I agree, honestly if Hillary runs the main reason I would vote for her is to have Bill in the White House again. Hell even if Mitt adopted Clinton and had him move in I'd vote for Mitt.
Sometimes I wonder why a politician does'nt make their platform simply I will do whatever Bill Clinton tells me to do. That is my platform.

 

[boomerang]

What's up with people putting the percent sign ahead of the number? Where is this taught? Nobody says percent seventy five, they say seventy five percent.

 

[boomerang]

I agree, honestly if Hillary runs the main reason I would vote for her is to have Bill in the White House again. Hell even if Mitt adopted Clinton and had him move in I'd vote for Mitt.
Sometimes I wonder why a politician does'nt make their platform simply I will do whatever Bill Clinton tells me to do. That is my platform.

The economy as it relates to a presidency is to a great degree the luck of the draw. Presidents inherit the results of events that occur many years before they take office - both the good and the bad. Don't give our most recently impeached president more credit that he is due. Things from an economic perspective were good during his presidency. How much of that is attributable to him is up for argument. He had a Congress that stymied him to a great degree. Was that good for the economy or bad?

 

[LTC8K6]

What's up with people putting the percent sign ahead of the number? Where is this taught? Nobody says percent seventy five, they say seventy five percent.

I say seventy five dollars, too. 75$ then?

 

[boomerang]

I say seventy five dollars, too. 75$ then?

Yeah, I knew somebody would bring that up... I will refer you back to my earlier post in which I asked two questions that could be answered. You, have answered nothing.

 

[Atreus21]

high tax advocates rejoice! there will be a %50 income tax rate on income over 1 million eur in france, and when all other taxes are applied that total rate will be close to %75.

http://www.bloomberg.com/news/2013-...ts-court-approval-for-75-millionaire-tax.html

now watch as rich people leave france :awe:

I was going to say instead, "Now watch as no one pays it."

 

[Squeetard]

You guys and your fucking politics, I swear. When are you going to realize that socialists, democrats and republicans are all the same? Hot air in a talking suit, firmly in the pocket of big business.

This tax hike was done to get votes. Meanwhile, the rich are shoving their income into shell corporations and tax shelters and paying themselves $1 a year. Paying zero income tax.

 

[Lepton87]

What's up with people putting the percent sign ahead of the number? Where is this taught? Nobody says percent seventy five, they say seventy five percent.

They do this so we can easily and very quickly tell who has and who hasn't rudimentary mathematics skills.

 

[Udgnim]

didn't they already try this and rich French citizens started leaving France?