STUPUD FAKEN BITCH WANTS 80% tax

[Puffin StuffParticipant 24979]

Frances leader Holladnde tried a 75% tax and it was such a disaster it had to be repealed. Famous actors moved out of France because of it.

The called it “Cuba without the Sun”.

François Hollande’s unpopular tax changes that imposed a 75% rate on earnings above €1m (£780,000) will quietly disappear into the history books from Thursday.

The French socialist president announced plans for the controversial measure during his 2012 election campaign as a means of forcing the wealthiest to help dig the country out of economic crisis.

Although supported by the left, the reform sparked accusations of an anti-business agenda. After the “supertax” was announced in September 2012 the government was accused of shooting itself in the foot by risking an exodus of high-profile personalities. Business leaders expressed fears that investors would pull out of France.

France’s richest man, Bernard Arnault, the chief executive of luxury group LVMH, took out Belgian nationality, and the actor Gérard Depardieu also moved across the border to Belgium before obtaining Russian citizenship.

High-earning French footballers threatened strike action, while league bosses warned they would no longer be able to attract world class players.

A majority of French taxpayers disapproved of the 75% rate, although polls showed that six out of 10 voters were in favour of raising income taxes on the wealthy.

Despite the backlash Hollande clung to the principle of the supertax even after it was dismissed by the country’s highest court, fearing a revolt by his leftwing allies. The tax was subsequently adjusted to a 50% rate payable by companies after the constitutional council ruling in December 2012.

The final nail in the coffin came from the former investment banker who is now France’s economy minister, Emmanuel Macron. A former economic adviser to Hollande, Macron described the supertax as “Cuba without the sun”.

https://www.theguardian.com/world/2014/dec/31/france-drops-75percent-supertax

#icethemout; Remember Thomas Ball. He died for your children.

[guiParticipant 825]

As always, most of the people who want more taxes are those who barely or don’t even work and live carpe diem lives.

They save no money, never invest any and out of jealousy want the government to steal from those who do. Plenty of those parasites in my country too.

It’s an illusion to think they could make such a law that would only target the real 1% like George Soros. Those people can just bail out whenever they want. It nevers stops at that and they end up f~~~ing the hard working people who can’t escape the country. The more power the governement gets, the more it wants.

Also I have always laughed at the ‘logic’: Some really rich people steal so we have the right to punish every rich person with ridiculously high taxes.

Pity and contempt are siblings. You only feel pity for those you consider weak.

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