Lean Forward

[Pudfark]

France plans 75% tax on rich

French citizens, those whose income is over one million euros, or just over one and a quarter million dollars, will soon be taxed at a rate of 75 percent.

Many economists have said the rich tax will not do much to boost depressed state coffers because only 3,000 of France's 66 million citizens make over a million (euros), and that the move is just symbolic.

In fact, the tax hike was the campaign promise many believe won the election for President Francois Hollande who has said he doesn't like the rich.

http://www.foxnews.com/world/2012/09/12 ... z26MdMG8R0

In the immortal sig of our vactioning prolific poster "Not left, not right, forward".
Ain't hard to do the math on the 75% and it ain't hard to cheat it. What a great thought them French have....to stimulate the economy? Bugger the "rich".
Oh...snap! They're not alone in that theory.

[nicolas10]

What can I say...

I've claimed enough already that "French" politicians are traitors. Need I say more?

The son of a bitch didn't even have a French flag on his official picture.

Nic

[Barfly]

http://ricochet.com/main-feed/The-Laffe ... mic-Output

Cristina Romer, Obama's chair of President Obama’s Council of Economic Advisors from January 2009 to September 2010, wrote this article with her husband, on the 'dramatic' effect that increasing taxes has on the economy.

[Buzz]

3000? We have over 3 million. That adds up to some real money to tax. Plus 43 billionaires.

[CUDA]

3000? We have over 3 million. That adds up to some real money to tax. Plus 43 billionaires.

yes it does, and if we tax them at 100% it will give us the ability to run our government for a whole 8 days, then whats your plan???

[Pudfark]

+1

[Soapy]

I'm liking Buzz more and more each day

[fatman]

then whats your plan???

Have the fed spend less and live within their means

[CUDA]

then whats your plan???

Have the fed spend less and live within their means

LOL then watch all the sponges go all Arab spring

[Reservoir_Dog]

Holy shit!
Now Pud is copying and pasting against the French!
What's next?
Is he going to go against the Swiss for being good bankers!