New French President wants 75% Tax | TigerDroppings.com

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Lsut81
USA Fan
Member since Jun 2005
63058 posts

New French President wants 75% Tax


on rich people

These people are fricking insane! Why the frick would you choose to live in France and only keep 1/4 of what you make

Looks like London is going to see a population boom







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waiting4saturday
LSU Fan
Lafayette
Member since Sep 2005
2892 posts

re: New French President wants 75% Tax


The rich can afford to get up and leave.... Why the frick would you not leave?
Sucks to be French.






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CamdenTiger
Member since Aug 2009
26967 posts

re: New French President wants 75% Tax


Coming soon to America





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RogerTheShrubber
LSU Fan
Juneau, AK
Member since Jan 2009
89576 posts

re: New French President wants 75% Tax


Will result in a quick influx of resources and a quick exodus of rich people. Will set them up for failure in a few short years.





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BamaFan89
Alabama Fan
T-Town
Member since Dec 2009
18077 posts

re: New French President wants 75% Tax


quote:

New French President wants 75% Tax
on rich people


"Fair" share






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Five0
USA Fan
Member since Dec 2009
5017 posts

re: New French President wants 75% Tax


Let's just sit back and watch the train wreck. This is one of those "teachable moments" unfolding right before our eyes.







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ZereauxSum
LSU Fan
Lot 23E
Member since Nov 2008
7959 posts

re: New French President wants 75% Tax


I think that would be the highest tax rate in the world no?

I think the highest is currently Sweden and they're in the 60s.






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BlackHelicopterPilot
LSU Fan
Top secret lab
Member since Feb 2004
32292 posts
 Online 

re: New French President wants 75% Tax


quote:

These people are fricking insane! Why the frick would you choose to live in France and only keep 1/4 of what you make



I, too, think it is ridiculous. However, surely this is a MARGINAL tax...no?






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Jay Quest
Navy Fan
Once removed from Massachusetts
Member since Nov 2009
4850 posts

re: New French President wants 75% Tax


quote:

The rich can afford to get up and leave.... Why the frick would you not leave?

Read an article this morning that says they're doing just that in droves.






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STERLING
LSU Fan
Member since Sep 2009
721 posts

re: New French President wants 75% Tax


I believe I read it was 75% over 1 million euros. Still.....





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Lsut81
USA Fan
Member since Jun 2005
63058 posts

re: New French President wants 75% Tax


quote:

I, too, think it is ridiculous. However, surely this is a MARGINAL tax...no?




Just heard the reports that anyone making over 1m pounds (I think?) would be taxed at 75%






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Projectpat
Texas A&M Fan
Houston, TX
Member since Sep 2011
5532 posts

re: New French President wants 75% Tax


quote:

Why the frick would you choose to live in France and only keep 1/4 of what you make


Because they care about their fellow man, obviously. Go live in an empty field you unsympathetic a-hole.






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Lsut81
USA Fan
Member since Jun 2005
63058 posts

re: New French President wants 75% Tax


quote:

Go live in an empty field you unsympathetic a-hole




But on a side note, they also are supposed to roll the retirement age back to 60, from 62






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TenTex
LSU Fan
Member since Jan 2008
14279 posts

re: New French President wants 75% Tax


Is this another "I heard" thread with no link to facts?





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jcole4lsu
Virginia Fan
The Kwisatz Haderach
Member since Nov 2007
26727 posts

re: New French President wants 75% Tax


the tax and rollback of retirement age are part of hollande's campaign platform you dolt





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Lsut81
USA Fan
Member since Jun 2005
63058 posts

re: New French President wants 75% Tax


quote:

Is this another "I heard" thread with no link to facts?



Awww, sorry to disappoint you...


quote:

Wealthy French people are looking to London as a refuge from fresh taxes on high earners pledged by candidates in the country’s presidential elections.
The “soak the rich” rhetoric that has punctuated the presidential campaign has prompted a sharp rise in the numbers weighing a move across the Channel, according to London-based wealth managers, lawyers and property agents specialising in French clients.

François Hollande, the Socialist candidate who leads the presidential race after the first round of voting last week, wants to impose a tax rate of 75 per cent on income above €1m and at the launch of his bid in January said: “My true adversary in this battle has no name, no face, no party ... It is the world of finance.”



LINK






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80145 posts

re: New French President wants 75% Tax


quote:

Is this another "I heard" thread with no link to facts?


It's true. The new frog president proposed it during the campaign.






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BRhuskyfan80
Washington Fan
Baton Rouge
Member since Dec 2011
2915 posts

re: New French President wants 75% Tax


America was at its best when it had high taxes on the rich like what France is proposing.





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gonads&strife
New Orleans Saints Fan
Member since Dec 2011
1885 posts

re: New French President wants 75% Tax


quote:

on rich people

These people are fricking insane! Why the frick would you choose to live in France and only keep 1/4 of what you make

Looks like London is going to see a population boom


The largest concentration of French outside of France is London....the oppressiveness of France isn't new or much better than what is being proposed...France is a basket-case, but not on a Greek-tragedy level.






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Lsut81
USA Fan
Member since Jun 2005
63058 posts

re: New French President wants 75% Tax


quote:

America was at its best when it had high taxes on the rich like what France is proposing


Really? I didn't realize we had a 75% tax rate in our history






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