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THRILLHO  New Orleans Saints Fan New Orleans, LA Member since Apr 2006 25305 posts
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| re: France will tax individuals making 1.25 mil or more at 75%.. (Posted on 9/13/12 at 12:03 pm to Anfield Road)
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Definitely to the right of the maximum efficiency point of the Laffer Curve.
Yeah, a shitload of wealthy French people escaped to England after the tax hike was announced. Wish I could find the article, but it was an interview with a prominent English real estate agent saying that he was getting flooded with calls from the French.
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Scruffy  USA Fan Team Hugo Stiglitz 4 Life Member since Jul 2011 17615 posts
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| re: France will tax individuals making 1.25 mil or more at 75%.. (Posted on 9/13/12 at 12:08 pm to Tiger n Miami AU83)
Institute the cuts first. Then we can consider increasing taxes. I'm talking about instantaneous cuts too. Not some of these "reduction over 10 year" deals. Until they actually make the cuts, I won't trust them with another penny.
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LSUAlum2001  LSU Fan Tier BP Member since Aug 2003 23787 posts

| re: France will tax individuals making 1.25 mil or more at 75%.. (Posted on 9/13/12 at 12:10 pm to Scruffy)
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Until they actually make the cuts, I won't trust them with another penny.
Most people against tax increases feel the same way. 
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CamdenTiger Member since Aug 2009 22694 posts

| re: France will tax individuals making 1.25 mil or more at 75%.. (Posted on 9/13/12 at 12:12 pm to PrivateJoker)
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Even DA and Summa can't believe that is the right thing to do
Meh, they don't care about France, unless it politically favors Obama.
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davesdawgs  Georgia Fan Georgia Member since Oct 2008 10982 posts

| re: France will tax individuals making 1.25 mil or more at 75%.. (Posted on 9/13/12 at 1:38 pm to LSUAlum2001)
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France will tax individuals making 1.25 mil or more at 75%..
About the price of a decent apartment in Paris. My guess is there will be an affluent exodus from France.
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joeytiger  LSU Fan Denham Springs Member since Jul 2012 1312 posts

| re: France will tax individuals making 1.25 mil or more at 75%.. (Posted on 9/13/12 at 1:49 pm to LSUAlum2001)
France will surely become the new world leader with this tax policy. What do you think liberals?
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joeytiger  LSU Fan Denham Springs Member since Jul 2012 1312 posts

| re: France will tax individuals making 1.25 mil or more at 75%.. (Posted on 9/13/12 at 1:51 pm to Tiger n Miami AU83)
People bitch about Obama's relatively modest plan to just let the bush tax cuts expire on upper incomes, yet we are heading towards a drastic frick the wealthy in the arse and make them bleed like some European countries. Nothing is modest about taking more of what people earn. We don't have a tax revenue problem, we have a spending problem.
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Tchefuncte Tiger  Navy Fan Member since Oct 2004 20172 posts

| re: France will tax individuals making 1.25 mil or more at 75%.. (Posted on 9/13/12 at 2:11 pm to davesdawgs)
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My guess is there will be an affluent exodus from France.
Johnny Depp says he's splitting the French scene.
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LSUAlum2001  LSU Fan Tier BP Member since Aug 2003 23787 posts

| re: France will tax individuals making 1.25 mil or more at 75%.. (Posted on 9/13/12 at 2:19 pm to Tchefuncte Tiger)
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Johnny Depp says he's splitting the French scene.
Why? He no want to pay his fair share?
This post was edited on 9/13 at 2:19 pm
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wickowick  LSU Fan Head of Island Member since Dec 2006 12789 posts

| re: France will tax individuals making 1.25 mil or more at 75%.. (Posted on 9/13/12 at 2:24 pm to LSUAlum2001)
Johnny Depp Flees France Over Tax Hikes
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infantry1026  New Orleans Saints Fan Louisiana Member since Jan 2010 2486 posts

| re: France will tax individuals making 1.25 mil or more at 75%.. (Posted on 9/13/12 at 2:31 pm to LSUAlum2001)
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Most people against tax increases feel the same way
That's because we do not have a revenue problem, we have a SPENDING PROBLEM! There are entirely too many useless govt programs, fed govt jobs, individuals getting huge tax returns that don't pay taxes, and foreign aid. I'm sure I'm forgetting something, but you get the gist. I'll even go for auditing the defense budget with a fine tooth comb. I'm sure there is frivolous spending there. I guarantee you that there is plenty of spending to be cut that would kill the need for a hike in taxes 
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joeytiger  LSU Fan Denham Springs Member since Jul 2012 1312 posts

| re: France will tax individuals making 1.25 mil or more at 75%.. (Posted on 9/13/12 at 2:48 pm to infantry1026)
Spot on infantry. You take each department, one at a time and start cutting the BS from each. We could probably balance the budget, just from cutting the waste and fraud in medicare and medicade. I will even agree to defense cuts as well and I am very conservative. As a retired vet, we had more than enough equipment throughout our deployment and while in country. It is time to put politics aside and get our fiscal house in order, or everyone will suffer.
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