So, France is Scrapping its 75% Tax Rate

[Listening]

So France is Scrapping its 75 Tax Rate RedState

France is providing us with a very good case study on what happens when you raise taxes too high. The 75% tax rate imposed upon the richest French residents* was a centerpiece of Socialist Francois Hollande’s campaign for the French Presidency. At any rate, having found out just what happens when you raise taxes to such draconian levels, the country is now quietly scrapping it.

****************************

Sacre Blue !!!

 

[Rozman]

I'm sure the Libs here are outraged.

 

[LeftofLeft]

Taxes and Spending need to be limited.

 

[Toro]

I meet more than a few French ex-pats when I'm in London.

 

[Listening]

I meet more than a few French ex-pats when I'm in London.

And......

Do they live there ?

 

[Toro]

Yes.

My family and I were deciding whether we should go to Germany or France next year for vacation. We decided to go to Germany. I like France, but I'm not convinced the French won't go on strike and screw up my vacation. So we're going to Germany.

(A luxury car is one of the “outward signs of wealth” your tax inspector has been specifically trained to query. The lesson has been learnt: last year, Rolls-Royce sold no cars in France.) ...

Today, one out of four French university graduates wants to emigrate, “and this rises to 80 per cent or 90 per cent in the case of marketable degrees”, says economics professor Jacques Régniez, who teaches at both the Sorbonne and the University of New York in Prague. “In one of my finance seminars, every single French student intends to go abroad.”

Down and out the French flee a nation in despair - Telegraph

 

[Listening]

Yes.

My family and I were deciding whether we should go to Germany or France next year for vacation. We decided to go to Germany. I like France, but I'm not convinced the French won't go on strike and screw up my vacation. So we're going to Germany.

(A luxury car is one of the “outward signs of wealth” your tax inspector has been specifically trained to query. The lesson has been learnt: last year, Rolls-Royce sold no cars in France.) ...

Today, one out of four French university graduates wants to emigrate, “and this rises to 80 per cent or 90 per cent in the case of marketable degrees”, says economics professor Jacques Régniez, who teaches at both the Sorbonne and the University of New York in Prague. “In one of my finance seminars, every single French student intends to go abroad.”

Down and out the French flee a nation in despair - Telegraph

Thanks for posting.

Here is from your article:

More than 70 per cent of the French feel taxes are “excessive”, and 80 per cent believe the president’s economic policy is “misguided” and “inefficient”. This goes far beyond the tax exiles such as Gérard Depardieu, members of the Peugeot family or Chanel’s owners. Worse, after decades of living in one of the most redistributive systems in western Europe, 54 per cent of the French believe that taxes – of which there have been 84 new ones in the past two years, rising from 42 per cent of GDP in 2009 to 46.3 per cent this year – now widen social inequalities instead of reducing them.

I wonder where Billy000 bullshit is on this one ?

 

[Carib Gyal]

"Here's 1 for you, 19 for me."
-George Harrison

 

[Billy000]

Yes.

My family and I were deciding whether we should go to Germany or France next year for vacation. We decided to go to Germany. I like France, but I'm not convinced the French won't go on strike and screw up my vacation. So we're going to Germany.

(A luxury car is one of the “outward signs of wealth” your tax inspector has been specifically trained to query. The lesson has been learnt: last year, Rolls-Royce sold no cars in France.) ...

Today, one out of four French university graduates wants to emigrate, “and this rises to 80 per cent or 90 per cent in the case of marketable degrees”, says economics professor Jacques Régniez, who teaches at both the Sorbonne and the University of New York in Prague. “In one of my finance seminars, every single French student intends to go abroad.”

Down and out the French flee a nation in despair - Telegraph

Thanks for posting.

Here is from your article:

More than 70 per cent of the French feel taxes are “excessive”, and 80 per cent believe the president’s economic policy is “misguided” and “inefficient”. This goes far beyond the tax exiles such as Gérard Depardieu, members of the Peugeot family or Chanel’s owners. Worse, after decades of living in one of the most redistributive systems in western Europe, 54 per cent of the French believe that taxes – of which there have been 84 new ones in the past two years, rising from 42 per cent of GDP in 2009 to 46.3 per cent this year – now widen social inequalities instead of reducing them.

I wonder where Billy000 bullshit is on this one ?

Ah yes I was really missing out. Another thread where a con laughably tries to make a political connection between tax policies of countries with drastically different GDP levels.

 

[Listening]

Yes.

My family and I were deciding whether we should go to Germany or France next year for vacation. We decided to go to Germany. I like France, but I'm not convinced the French won't go on strike and screw up my vacation. So we're going to Germany.

(A luxury car is one of the “outward signs of wealth” your tax inspector has been specifically trained to query. The lesson has been learnt: last year, Rolls-Royce sold no cars in France.) ...

Today, one out of four French university graduates wants to emigrate, “and this rises to 80 per cent or 90 per cent in the case of marketable degrees”, says economics professor Jacques Régniez, who teaches at both the Sorbonne and the University of New York in Prague. “In one of my finance seminars, every single French student intends to go abroad.”

Down and out the French flee a nation in despair - Telegraph

Thanks for posting.

Here is from your article:

More than 70 per cent of the French feel taxes are “excessive”, and 80 per cent believe the president’s economic policy is “misguided” and “inefficient”. This goes far beyond the tax exiles such as Gérard Depardieu, members of the Peugeot family or Chanel’s owners. Worse, after decades of living in one of the most redistributive systems in western Europe, 54 per cent of the French believe that taxes – of which there have been 84 new ones in the past two years, rising from 42 per cent of GDP in 2009 to 46.3 per cent this year – now widen social inequalities instead of reducing them.

I wonder where Billy000 bullshit is on this one ?

Ah yes I was really missing out. Another thread where a con laughably tries to make a political connection between tax policies of countries with drastically different GDP levels.

 

[Toro]

Ah yes I was really missing out. Another thread where a con laughably tries to make a political connection between tax policies of countries with drastically different GDP levels.

France and the UK's GDP are about the same.

 

[JoeB131]

Republicans live in terror the rich might actually pay their fair share.

 

[Carib Gyal]

Republicans live in terror the rich might actually pay their fair share.

Eric Gardner died for not paying his.

 

[Two Thumbs]

So taxing the fuck outta people with the money to leave a country and pay no taxes didn't work out.

stunning, I'm shocked, shocked I tell you.

























the second line above is sarcasm, just so you know

 

[Two Thumbs]

Republicans live in terror the rich might actually pay their fair share.

how the fuck is paying more than other people 'fair'?

 

[Listening]

Republicans live in terror the rich might actually pay their fair share.

Eric Gardner died for not paying his.

To much eggnog ?

 

[Listening]

So taxing the fuck outta people with the money to leave a country and pay no taxes didn't work out.

stunning, I'm shocked, shocked I tell you.

























the second line above is sarcasm, just so you know

I know....

I was totally blown away.......

 

[The Rabbi]

Yes.

My family and I were deciding whether we should go to Germany or France next year for vacation. We decided to go to Germany. I like France, but I'm not convinced the French won't go on strike and screw up my vacation. So we're going to Germany.

(A luxury car is one of the “outward signs of wealth” your tax inspector has been specifically trained to query. The lesson has been learnt: last year, Rolls-Royce sold no cars in France.) ...

Today, one out of four French university graduates wants to emigrate, “and this rises to 80 per cent or 90 per cent in the case of marketable degrees”, says economics professor Jacques Régniez, who teaches at both the Sorbonne and the University of New York in Prague. “In one of my finance seminars, every single French student intends to go abroad.”

Down and out the French flee a nation in despair - Telegraph

Thanks for posting.

Here is from your article:

More than 70 per cent of the French feel taxes are “excessive”, and 80 per cent believe the president’s economic policy is “misguided” and “inefficient”. This goes far beyond the tax exiles such as Gérard Depardieu, members of the Peugeot family or Chanel’s owners. Worse, after decades of living in one of the most redistributive systems in western Europe, 54 per cent of the French believe that taxes – of which there have been 84 new ones in the past two years, rising from 42 per cent of GDP in 2009 to 46.3 per cent this year – now widen social inequalities instead of reducing them.

I wonder where Billy000 bullshit is on this one ?

Ah yes I was really missing out. Another thread where a con laughably tries to make a political connection between tax policies of countries with drastically different GDP levels.

I'd ask you to explain why the GDP level makes a difference in tax policies. But you are so poorly informed and such a buffoon no good can come of it.

 

[Carib Gyal]

Republicans live in terror the rich might actually pay their fair share.

Eric Gardner died for not paying his.

To much eggnog ?

Smoker.

 

[Billy000]

Yes.

My family and I were deciding whether we should go to Germany or France next year for vacation. We decided to go to Germany. I like France, but I'm not convinced the French won't go on strike and screw up my vacation. So we're going to Germany.

(A luxury car is one of the “outward signs of wealth” your tax inspector has been specifically trained to query. The lesson has been learnt: last year, Rolls-Royce sold no cars in France.) ...

Today, one out of four French university graduates wants to emigrate, “and this rises to 80 per cent or 90 per cent in the case of marketable degrees”, says economics professor Jacques Régniez, who teaches at both the Sorbonne and the University of New York in Prague. “In one of my finance seminars, every single French student intends to go abroad.”

Down and out the French flee a nation in despair - Telegraph

Thanks for posting.

Here is from your article:

More than 70 per cent of the French feel taxes are “excessive”, and 80 per cent believe the president’s economic policy is “misguided” and “inefficient”. This goes far beyond the tax exiles such as Gérard Depardieu, members of the Peugeot family or Chanel’s owners. Worse, after decades of living in one of the most redistributive systems in western Europe, 54 per cent of the French believe that taxes – of which there have been 84 new ones in the past two years, rising from 42 per cent of GDP in 2009 to 46.3 per cent this year – now widen social inequalities instead of reducing them.

I wonder where Billy000 bullshit is on this one ?

Ah yes I was really missing out. Another thread where a con laughably tries to make a political connection between tax policies of countries with drastically different GDP levels.

I'd ask you to explain why the GDP level makes a difference in tax policies. But you are so poorly informed and such a buffoon no good can come of it.

Are you this dumb? The level of a nation's GDP directly affects tax policy. How can you be so dense?