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Macron slashes France’s wealth tax in pro-business budget

Posted on 10/24/17 at 9:07 pm
Posted by RedRifle
Austin/NO
Member since Dec 2013
8328 posts
Posted on 10/24/17 at 9:07 pm


LINK

quote:

France has slashed its contentious wealth tax and introduced a flat rate on capital gains as president Emmanuel Macron used his first budget to unleash business-friendly policies aimed at attracting investors and revitalising the eurozone’s second-largest economy. The French parliament on Tuesday adopted a package of measures for 2018 that included scrapping the wealth levy on everything except property assets — in effect cutting the tax by 70 per cent. A 30 per cent flat tax rate will also be introduced on capital gains, dividends and interests — a longstanding demand from investors and entrepreneurs. The tax cuts, which fulfil promises made on the campaign trail, were seized on by Mr Macron’s political opponents as further evidence that he was the “president of the rich”.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120147 posts
Posted on 10/24/17 at 9:08 pm to
As people said during the election, Macron was more conservative than lepen on almost every issue

Except the important muslim one
Posted by TigersSEC2010
Warren, Michigan
Member since Jan 2010
37355 posts
Posted on 10/24/17 at 9:09 pm to
He's been a very pleasant surprise.
Posted by RedRifle
Austin/NO
Member since Dec 2013
8328 posts
Posted on 10/24/17 at 9:10 pm to
Well the word “conservative” is a misnomer here. Macron is pro-business candidate. LePen was a working class candidate. LePen opposed the cuts.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120147 posts
Posted on 10/24/17 at 9:11 pm to
True, tough to put a single descriptor on it
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125386 posts
Posted on 10/24/17 at 9:11 pm to
quote:

As people said during the election, Macron was more conservative than lepen on almost every issue



Trumpkins didnt care

some of them melted so hard when he won
Posted by S
RIP Wayde
Member since Jan 2007
155348 posts
Posted on 10/24/17 at 9:19 pm to
quote:

Macron


Shitty LeaGOAT One kit manufacturer flashbacks
Posted by Sentrius
Fort Rozz
Member since Jun 2011
64757 posts
Posted on 10/24/17 at 9:39 pm to
Pol has been calling him /ourguy/.

I believe them now.
Posted by crazy4lsu
Member since May 2005
36311 posts
Posted on 10/24/17 at 9:53 pm to
quote:

Pol has been calling him /ourguy/.

I believe them now.


That would be a hell of a turnaround. I didn't know pol was pro-EU, centrist who was compared to previous French centrists like Bayrou (who supported Macron and got a cabinet position). A lot of what he hasn't been what one would think /pol/ would support.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259857 posts
Posted on 10/24/17 at 9:54 pm to
quote:



Trumpkins didnt care

some of them melted so hard when he won


Because they aren't conservative. While some may be, as a whole they don't give a shite about economics
Posted by Dick Leverage
In The HizHouse
Member since Nov 2013
9000 posts
Posted on 10/24/17 at 9:56 pm to
Magneto is MFGA!
Posted by Sentrius
Fort Rozz
Member since Jun 2011
64757 posts
Posted on 10/24/17 at 9:59 pm to
quote:

That would be a hell of a turnaround. I didn't know pol was pro-EU, centrist who was compared to previous French centrists like Bayrou (who supported Macron and got a cabinet position). A lot of what he hasn't been what one would think /pol/ would support.



Nah, they just liked Macron shitting on blacks in Africa for how they frick too much and pop out too many kids.
Posted by FourThinInches
Dallas
Member since Apr 2012
1302 posts
Posted on 10/24/17 at 10:00 pm to
Someone post the Macron limp wrist handshake gif!!! I'm trying to find it.
Posted by Sentrius
Fort Rozz
Member since Jun 2011
64757 posts
Posted on 10/24/17 at 10:01 pm to
quote:

While some may be, as a whole they don't give a shite about economics


Because french economics doesn't affect them.

Macron may be a good guy but lets not kids ourselves here; France is still in big, big trouble with demographics and the islamization of western Europe and not doing enough to stop that.

if things don't improve soon, we're headed for a new crusade.
Posted by crazy4lsu
Member since May 2005
36311 posts
Posted on 10/24/17 at 10:05 pm to
These comments?



These are mostly pedestrian comments, unless you are looking for a soundbite. In fact, outside of the off-hand comments about children, he's not only right, but also asking for large scale international (meaning rich-countries) intervention.

It is very interesting that he's ignoring France's role, both historical and contemporary in Africa.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259857 posts
Posted on 10/24/17 at 10:07 pm to
quote:

Macron may be a good guy but lets not kids ourselves here; France is still in big, big trouble with demographics and the islamization of western Europe and not doing enough to stop that.


If that's their direction, they deserve it. America first...
Posted by crazy4lsu
Member since May 2005
36311 posts
Posted on 10/24/17 at 10:12 pm to
quote:

Macron may be a good guy but lets not kids ourselves here; France is still in big, big trouble with demographics and the islamization of western Europe and not doing enough to stop that.



But it isn't. In 1997 French demographics predicted that France would be 20% of Muslim, because it was predicated on the idea that birth rates in the Islamic world were somehow immune to the typical course of development. The actual number of French Muslims was less than 10%. And guess what has happened to the birth rates of numerous MENA countries who have experienced relative peace? They have plummeted and are continuing to plummet. This actually portends a major problem for those MENA countries.

The problem with this board is that they have barely been paying attention to France, and so assumed the refugee crisis and the French assimilation and integration issues were one in the same. The refugee crisis did affect France in terms of the attacks (not in actual numbers, as the US took in more than France had applicants), but the trouble in the French case is integrating North African youths, many Algerian, and that problem has existed since the 1960s.
This post was edited on 10/24/17 at 10:13 pm
Posted by SirWinston
PNW
Member since Jul 2014
81231 posts
Posted on 10/24/17 at 10:29 pm to
He's actually not that bad on Moslems either - a huge improvement from his predecessor
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 10/24/17 at 11:37 pm to
Trump's protege
Posted by MrCarton
Paradise Valley, MT
Member since Dec 2009
20231 posts
Posted on 10/24/17 at 11:43 pm to
quote:

Because they aren't conservative. While some may be, as a whole they don't give a shite about economics



Yep
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