75% tax coming to a country near you

RACER X · 08-08-2012, 07:23 AM

http://www.nytimes.com/2012/08/08/bu....html?_r=3&hpw

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

"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. “Should I be preparing to leave the country?” the executive asked Mr. Grandil."

OneSickPsycho · 08-08-2012, 09:58 AM

Go figure... tax the fuck out of the people with the ability to move anywhere in the world at a moment's notice... and they want to leave.

Smittie61984 · 08-08-2012, 04:53 PM

FDR wanted to tax the rich at 100% back in the good old days. That didn't fly with congress becuase they figured the 80%+ rate they had was enough.

And I'm suprised France even functions. Their programs are such BS that I don't see why any company would stay there and it's not like France has any major natural resource to exploit to sustain themselves like a middle eastern country could.

08-08-2012, 07:23 AM	#1
RACER X AMA Supersport Join Date: Nov 2008 Location: Richmond, Tx Moto: '10 Tuono Factory Posts: 4,569	75% tax coming to a country near you http://www.nytimes.com/2012/08/08/bu....html?_r=3&hpw Indigestion for ‘les Riches’ in a Plan for Higher Taxes "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. “Should I be preparing to leave the country?” the executive asked Mr. Grandil." __________________ ΜΟΛΩΝ ΛΑΒΕ 2014 GROM! 181cc of FURY 2010 Aprilia Tuono Factory - SOLD 2009 SFV Gladius - SOLD 2008 Hayabusa - SOLD.

08-08-2012, 04:53 PM	#3
Smittie61984 I give Squids a bad name Join Date: Mar 2008 Location: Fly Over State Moto: 1996 CBR600 F3 (AKA the Flying Turd) Posts: 4,742	FDR wanted to tax the rich at 100% back in the good old days. That didn't fly with congress becuase they figured the 80%+ rate they had was enough. And I'm suprised France even functions. Their programs are such BS that I don't see why any company would stay there and it's not like France has any major natural resource to exploit to sustain themselves like a middle eastern country could. __________________ lifts - R.I.P.

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08-08-2012, 09:58 AM	#2
OneSickPsycho Ride Like an Asshole Join Date: Feb 2008 Moto: nothing... Posts: 11,254	Go figure... tax the fuck out of the people with the ability to move anywhere in the world at a moment's notice... and they want to leave.