dank69
Lifer
- Oct 6, 2009
- 35,378
- 28,731
- 136
12-16-2012
http://news.yahoo.com/actor-depardieu-hits-back-french-pm-over-tax-120232830--sector.html
Actor Depardieu hits back at French PM over tax exile
Actor Gerard Depardieu, accused by French government leaders of trying to dodge taxes by buying a house over the border in Belgium, retorted that he was leaving because "success" was now being punished in his homeland.
He said he had paid 145 million euros ($190.08 million) in taxes since beginning work as a printer at the age of 14.
The actor's move comes three months after Bernard Arnault, chief executive of luxury giant LVMH and France's richest man, caused an uproar by seeking to establish residency in Belgium
Belgian residents do not pay wealth tax, which in France is now levied on those with assets over 1.3 million euros ($1.7 million). Nor do they pay capital gains tax on share sales.
http://news.yahoo.com/actor-depardieu-hits-back-french-pm-over-tax-120232830--sector.html
Actor Depardieu hits back at French PM over tax exile
Actor Gerard Depardieu, accused by French government leaders of trying to dodge taxes by buying a house over the border in Belgium, retorted that he was leaving because "success" was now being punished in his homeland.
He said he had paid 145 million euros ($190.08 million) in taxes since beginning work as a printer at the age of 14.
The actor's move comes three months after Bernard Arnault, chief executive of luxury giant LVMH and France's richest man, caused an uproar by seeking to establish residency in Belgium
Belgian residents do not pay wealth tax, which in France is now levied on those with assets over 1.3 million euros ($1.7 million). Nor do they pay capital gains tax on share sales.
brianmanahan
Lifer
- Sep 2, 2006
- 24,262
- 5,667
- 136
StinkyPinky
Diamond Member
- Jul 6, 2002
- 6,769
- 786
- 126
I sympathize with the excessive taxation, but the dude is not going to win many friends considering he has a collection of massive mansions.
People don't really want to hear about extremely rich people whining about hardship.
MagickMan
Diamond Member
- Aug 11, 2008
- 7,537
- 3
- 76
"You can shear a sheep many times, but you can only skin them once."
The OP and many others in this thread would do well to learn that. No one is going to run off the wealthy, no one is going to return us to the post-war tax rate, mcowen's a troll with as much knowledge about finance as he has foreign policy (which is none).
Here's the skinny: They'll let the tax rates for LT cap gains on the 1% slide back to near pre-cut levels, ST cap gains will be taxed as regular income, which will also fall back to pre-cut levels. I've talked with my congressman, he's an (R), and that's going to happen. They're going to keep the cuts for those in the third bracket and below, except for ST cap gains, which will see an increase across the board. That's about it, as far as taxation, except for a marginal tax break for small business. Some loopholes will be closed, fewer donations to NPOs, and some will be expanded, more incentives for MSAs and IRAs. Inheritance tax cut will be renewed, perhaps even lowered.
All the vitriol and "rich people suck, go away" is for naught, go back to your Cheetos and hentai.
The OP and many others in this thread would do well to learn that. No one is going to run off the wealthy, no one is going to return us to the post-war tax rate, mcowen's a troll with as much knowledge about finance as he has foreign policy (which is none).
Here's the skinny: They'll let the tax rates for LT cap gains on the 1% slide back to near pre-cut levels, ST cap gains will be taxed as regular income, which will also fall back to pre-cut levels. I've talked with my congressman, he's an (R), and that's going to happen. They're going to keep the cuts for those in the third bracket and below, except for ST cap gains, which will see an increase across the board. That's about it, as far as taxation, except for a marginal tax break for small business. Some loopholes will be closed, fewer donations to NPOs, and some will be expanded, more incentives for MSAs and IRAs. Inheritance tax cut will be renewed, perhaps even lowered.
All the vitriol and "rich people suck, go away" is for naught, go back to your Cheetos and hentai.
Once upon a time the streets of France flowed red from the Guillotines.
The rich would be wise to remember that too.
OBLAMA2009
Diamond Member
- Apr 17, 2008
- 6,574
- 3
- 0
let them flee the u.s. and when the countries they go to nationalize their businesses and steal everything they own, maybe theyll appreciate what they had and will come back and be willing to pay taxes like everyone else
Matt1970
Lifer
- Mar 19, 2007
- 12,320
- 3
- 0
CPA
Elite Member
- Nov 19, 2001
- 30,322
- 4
- 0
Looks like there are few sane, rational people still left in France: Panel overturns 75% tax rate on rich because...wait for it.....wait for it......it's unconstitutional.
Well, duh. Oh, and I know this is going to turn that smile upsidedown for some, looks like Hollande's popularity is tanking.
Well, duh. Oh, and I know this is going to turn that smile upsidedown for some, looks like Hollande's popularity is tanking.
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Doesn't matter, it had the desired affect of getting some of the rich that hate the country to leave.
Need the same thing to happen here. Hopefully falling over this physical cliff here accomplishes some of the same thing since it will affect the rich in one way or another or at least give their CPA's a headache.
irishScott
Lifer
- Oct 10, 2006
- 21,568
- 3
- 0
Because it's not a just society until everyone is dragged down to your definition of financial fairness, right?
The good news is with this attitude you'll probably never gain any significant level of political power, and will likely just be a lonely voice on an politics and news sub-forum.
Seriously, if you spent half the time you spend posting here on actually achieving politically useful goals, you'd at least reach a lot more people. Hell if you devoted that energy to learning hacking and being part of anonymous you'd gain more than you have here. As it is you apparently get off on lots of negative attention from tech-nerds.
Londo_Jowo
Lifer
So when the rich leave, who's going to be paying for all the government programs? Can't wait until the rich leave and your taxes are increased to cover for them.
That is easy.
When the tax rate was 90% in the US, most of the rich were able to avoid taxes. (or at least a large part of the tax burden via loopholes.) They also contributed less to the overall percentage of the tax burden back then.
What was done in the past was place most of the tax burden to the poor and middle class. It was only during the 80's did we shift most the tax burden to the rich, by lowering the overall tax bracket percentage, and closing loopholes.
Like the old saying it takes money to make money same goes for Politics.
Believe me if I had the money to launch a Political Campaign I would.
Doppel
Lifer
- Feb 5, 2011
- 13,306
- 3
- 0
ShintaiDK
Lifer
- Apr 22, 2012
- 20,378
- 145
- 106
Rich people always have a tendency to avoid tax. They hardly pay anything. The socalled rich tax in Denmark accounts for less than 1%. Its the middleclass that carries society, always been. Rich and poor people are essentially just leeches. The poor for needing welfare, the rich for using loopholes and get tax cuts. While the rich are usually out of educational reach. The poor can be made into middleclass again with effort.
The graoh of a broken society:
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and you are too ignorant and simple minded to ever be independently wealthy... besides, your time is pretty much consumed hating.... err, being jealous of those that do have money
I love the way this thread turned out....even France's court rejected this BS.
Is it too late for Self-Ownage of the Year thread nominations?
Is it too late for Self-Ownage of the Year thread nominations?
I would assume that with your supposed superior intellect that you would know exactly how absurdly wrong you are. For some reason you don't though, I wonder why that is? I wouldn't call anyone who doesn't have a very basic understanding of mathematics intellectually superior to anyone but moderate to severely handicapped people.
Then again, perhaps that is exactly it. You were the absolute smartest out of everyone that rode the short bus to school with you, hence the "superior intellect".
Rich people always have a tendency to avoid tax. They hardly pay anything. The socalled rich tax in Denmark accounts for less than 1%. Its the middleclass that carries society, always been. Rich and poor people are essentially just leeches. The poor for needing welfare, the rich for using loopholes and get tax cuts. While the rich are usually out of educational reach. The poor can be made into middleclass again with effort.
The graoh of a broken society:
Except that just isn't true, absurdly far from in it fact....
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