France to raise taxes to 75% for those making over a million

Discussion in 'Politics' started by miami_thomas, Aug 8, 2012.

  1. miami_thomas
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    miami_thomas VIP Member

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  2. LogikAndReazon
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    LogikAndReazon Gold Member

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    That will be certain to increase tax revenues...... lol
     
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  3. kwc57
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    kwc57 BOHICA Obama

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    The future of Amerika if Dear Leader is reelected.
     
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  4. miami_thomas
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    miami_thomas VIP Member

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    I know. When will Liberals wake up and realize it is not 1960 anymore. People can leave much easier now than they once could and there are more places that can compete for the wealthy.
     
  5. uscitizen
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    uscitizen Senior Member

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    OHHH NOES!
    Now all those French billlionaires will move over here!
     
  6. Katzndogz
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    Katzndogz Diamond Member

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    Some might move to the US, more will move to Switzerland or Brussels.

    As socialist nations start to crumble, other nations will see the error and be more business friendly. I wouldn't count on obamamerica being one of those.
     
  7. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    So - any liberals want to wager on the future of the french economy in the next few years? I'm guessing they won't get nearly as much more revenue as they think and they will have a recession or worse. There are other factors besides taxes, but this is gonna be a deal breaker. Wealthy frenchmen are already leaving in numbers.
     
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  8. Swagger
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    Swagger Gold Member

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    That's a likely outcome. But not forgetting that David Cameron's drawn fire from Hollande's government after promising to "roll out the red carpet" for French businesses, investors and entrepreneurs wanting to avoid the punitive tax hikes of France's incumbent administration.

    Cameron invites wealthy French to settle in London - Daily Mail
     
  9. LogikAndReazon
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    LogikAndReazon Gold Member

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    75% tax rates are very patriotic, sophisticated and progressively civil..............lol
     
  10. Moonglow
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    Moonglow Diamond Member

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