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Thread: Indigestion for ‘les Riches’ in a Plan for Higher Taxes

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    LowDown's Avatar
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    Indigestion for ‘les Riches’ in a Plan for Higher Taxes

    New York Times: Indigestion for ‘les Riches’ in a Plan for Higher Taxes

    [French] President François Hollande is vowing to impose a 75 percent tax on the portion of anyone’s income above a million euros ($1.24 million) a year...

    ...“We’re getting a lot of calls from high earners who are asking whether they should get out of France,” said Mr. Grandil, a partner at Altexis, which specializes in tax matters for corporations and the wealthy. “Even young, dynamic people pulling in 200,000 euros are wondering whether to remain in a country where making money is not considered a good thing.”
    Rich people are moving targets.

    “We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. – J Robert Oppenheimer.

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    jamesrage's Avatar
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    Re: Indigestion for ‘les Riches’ in a Plan for Higher Taxes

    Quote Originally Posted by LowDown View Post
    The Title should be "French president begs and pleads with other countries to take their rich."
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

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