France INcome Tax raised to 100%: Total Marxism

[The2ndAmendment]

Moonglow, Title: Liberal Soldier

Moonglow, Portrait Pic: Simpson mooning us

 

[NightFox]

This is the Progressive Paradise.

Welcome to Forbes

Some of France's richest taxed more than 100%- MSN Money

Thousands of French Households Taxed Over 100%

Taxes on some wealthy French top 100 pct of income: paper | Reuters

How can you take more than 100% of what someone has regardless of how rich they are.

It's not more than 100% of assets it's more than 100% of their INCOME for CY 2012, apparently the French Government decided to exact a one time levy on 2011 incomes for citizens with assets exceeding 1.3 million Euros, this is a retroactive income tax, the way it works out is; you get your income tax bill for CY 2012 and the government says "oh by the way, we decided to charge you more for CY 2011 income tax" so the total income tax that you owe for CY 2012 is now more than your total income for CY 2012, nice huh?

 

[eflatminor]

The whole claim reeks of right wing propaganda. Unconvincing . What a joke.

You are suggesting the story is not true? You have a link to back that up? Perhaps modicum of specificity? Anything?

So...you've got nothing.

Color me shocked.

 

[JoeB131]

France INcome Tax raised to 100%: Total Marxism

.... and the only people that should care about this are the People of France, good luck Frenchies you're going to need it.

Yup. When you vote in socialists you get, well, socialists.

Works great till you run out of other peoples money.

Actually, you get soclialists when the plutocrats abuse their power.

Which is pretty much what happened there.

 

[daveman]

.... and the only people that should care about this are the People of France, good luck Frenchies you're going to need it.

Yup. When you vote in socialists you get, well, socialists.

Works great till you run out of other peoples money.

Actually, you get soclialists when the plutocrats abuse their power.

Which is pretty much what happened there.

And how's that working out?

Not so hot, looks like.

 

[JoeB131]

Yup. When you vote in socialists you get, well, socialists.

Works great till you run out of other peoples money.

Actually, you get soclialists when the plutocrats abuse their power.

Which is pretty much what happened there.

And how's that working out?

Not so hot, looks like.

Depends who you ask, doesn't it?

I mean, you Obama Haters are all up in arms. But most of the rest of the country doesn't miss Bush the Dumber in the least.

 

[editec]

Sounds totally outrageous.

 

[zeke]

It is so special to hear you right wing whackos worrying about the French. When any other time you right wing whackos are slamming the French any opportunity you find.

You all are hypocrites.

Or is it more funny to realize that you all are so worried about the very rich. Of France.

Here's a hint for ya; don't move to France IF you become very rich. OK?
(funny shit thinking you right wing whack jobs becoming VERY rich.) Just getting up from your computer and getting a job would help.

 

[RDD_1210]

Good thing we don't have that sort of rate here and no one has remotely even suggested it.

JoeB131 has.

Which office does Joeb131 hold or running for?

 

[RDD_1210]

Good thing we don't have that sort of rate here and no one has remotely even suggested it.

I've seen leftists on this message forum as well as a few people I know suggest going back to 90% top income tax rates because we had them in the 50s and America was Utopia. Michael Moore has advocated it.

That's not 100%. But if you want to change the topic to talk about 90% rates, let me know.

 

[RDD_1210]

Good thing we don't have that sort of rate here and no one has remotely even suggested it.

I'd agree with you, but you're wrong. Several of our little central planner wannabes right here at USMB have suggested extremely high tax rates. Heck, 22% in this poll favored a 91% rate (not 100%, but close enough for 'remote'):

http://www.usmessageboard.com/politics/296722-poll-liberals-how-much-is-a-fair-share-taxes.html

Then there's Senator Chuck Schumer (D), who advocated a 100% tax rate for a select group: http://www.nydailynews.com/2.1353/aig-bonus-checks-taxed-100-sen-chuck-schumer-article-1.205774

Paul Krugman also called for a 91% tax rate: LibertyNEWS.com ? Lefty NYT Hack Paul Krugman Refers to 91% Tax Rate On Wealthy As Model We Should Look At

Here's a paper from the University of Chicago describing historical examples of a 100% tax rate: http://home.uchicago.edu/~cbm4/tax100.pdf

So there you go, folks 'remotely' suggesting it.

Chuck Schumer made that suggestion soley on the AIG execs who were getting multi-million dollar golden parachutes after leading a company that lost billions of dollars and received tax payer assistance. I agree with his suggestion in that case.

We can chat about the other comments you made too but those aren't 100% rates, still very high but not 100% which is what this thread is about.

 

[NightFox]

Sounds totally outrageous.

Yeah just a bit, total bait & switch by the French Government, Sarkozy caps individual income taxes at 50% of income, then his successor enacts a retroactive income tax (in the form of a one-time levy on the previous year's income) to offset it because the French Constitutional Council nixes his idea to raise the top end marginal rate to 75%.

People in the United States complain about not being able to predict income tax rates in the future, People in France can't even predict income tax rates in the PAST.

 

[eflatminor]

Good thing we don't have that sort of rate here and no one has remotely even suggested it.

I'd agree with you, but you're wrong. Several of our little central planner wannabes right here at USMB have suggested extremely high tax rates. Heck, 22% in this poll favored a 91% rate (not 100%, but close enough for 'remote'):

http://www.usmessageboard.com/politics/296722-poll-liberals-how-much-is-a-fair-share-taxes.html

Then there's Senator Chuck Schumer (D), who advocated a 100% tax rate for a select group: AIG bonus checks may be taxed at up to 100%, says Sen. Chuck Schumer - NY Daily News

Paul Krugman also called for a 91% tax rate: LibertyNEWS.com ? Lefty NYT Hack Paul Krugman Refers to 91% Tax Rate On Wealthy As Model We Should Look At

Here's a paper from the University of Chicago describing historical examples of a 100% tax rate: http://home.uchicago.edu/~cbm4/tax100.pdf

So there you go, folks 'remotely' suggesting it.

Chuck Schumer made that suggestion soley on the AIG execs who were getting multi-million dollar golden parachutes after leading a company that lost billions of dollars and received tax payer assistance. I agree with his suggestion in that case.

We can chat about the other comments you made too but those aren't 100% rates, still very high but not 100% which is what this thread is about.

Riiiight...91% is not 'remotely' close...

 

[regent]

I thought Marxism didn't have taxes?

 

[RDD_1210]

I'd agree with you, but you're wrong. Several of our little central planner wannabes right here at USMB have suggested extremely high tax rates. Heck, 22% in this poll favored a 91% rate (not 100%, but close enough for 'remote'):

http://www.usmessageboard.com/politics/296722-poll-liberals-how-much-is-a-fair-share-taxes.html

Then there's Senator Chuck Schumer (D), who advocated a 100% tax rate for a select group: AIG bonus checks may be taxed at up to 100%, says Sen. Chuck Schumer - NY Daily News

Paul Krugman also called for a 91% tax rate: LibertyNEWS.com ? Lefty NYT Hack Paul Krugman Refers to 91% Tax Rate On Wealthy As Model We Should Look At

Here's a paper from the University of Chicago describing historical examples of a 100% tax rate: http://home.uchicago.edu/~cbm4/tax100.pdf

So there you go, folks 'remotely' suggesting it.

Chuck Schumer made that suggestion soley on the AIG execs who were getting multi-million dollar golden parachutes after leading a company that lost billions of dollars and received tax payer assistance. I agree with his suggestion in that case.

We can chat about the other comments you made too but those aren't 100% rates, still very high but not 100% which is what this thread is about.

Riiiight...91% is not 'remotely' close...

Thanks for ignoring what I said about the one 100% example you did give.

You want an honest discussion..... Riiiight.

 

[Uncensored2008]

You have far lefties on here who may stay silent but love the idea of this.. and still some others that will openly support such things

No doubt Shallow and Blind Boo will be marking this as brilliant, and demand that Obama do the same here.

 

[Uncensored2008]

They reinvest in their business, rather than taking the profit and sending it offshore.

DING DING DING

And we have a winner - first leftist to openly support this.

Stalin smiles on you, Comrade!

 

[DiamondDave]

You have far lefties on here who may stay silent but love the idea of this.. and still some others that will openly support such things

no you dont, stop saying dumb ass shit

Yes.. they have... repeatedly.. and in the thread you have actually been given examples of such posters here.. as well as politicians who also call for 90+% tax rates

 

[DiamondDave]

Actually, you get soclialists when the plutocrats abuse their power.

Which is pretty much what happened there.

And how's that working out?

Not so hot, looks like.

Depends who you ask, doesn't it?

I mean, you Obama Haters are all up in arms. But most of the rest of the country doesn't miss Bush the Dumber in the least.

And thus speaketh the moron who calls for full confiscation of anything over 2MIL owned by anyone

 

[Toro]

.... and the only people that should care about this are the People of France, good luck Frenchies you're going to need it.

Yup. When you vote in socialists you get, well, socialists.

Works great till you run out of other peoples money.

Actually, you get soclialists when the plutocrats abuse their power.

Which is pretty much what happened there.

No it's not.

The funny thing is that you're not even the slightest bit embarrassed displaying your lack of knowledge.