Les Riches in France Vow to Leave if 75% Tax Rate Is Passed

http://www.nytimes.com/2012/08/08/busin ... wanted=all

Holy smokes Batman, those taxes are high in France. Interesting article to read. I kinda hope they go for it, tax "Les Rich". Quote.... "I don't like the rich" - New French President. Viva La France!

Obama is a wimp compared to this French President. LOL

"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. "

Dem comments: See how good the American rich have it? Obama only wants you to work for him 40% of the year. (Those are some mighty fancy roads if it takes 40% of your salary to pay for them.)
The modern sharecropper, the Feds get 40% of the crop.

Oh please make it so. I'd love to watch the French economy tank badly if only to show the idiots in this country that you can't grow an economy by increasing taxes on the upper end.

I think the UK backed off on their 50% top rate after seeing a drop in revenues. I hope the French do raise taxes. Tax Les Rich SOBS!

Yeah, Limbaugh vowed to leave the U.S. if the ACA passed...

Wake me up if it happens...

I think Rush did pack up and move out of NYC because of high taxes. I thought you would want to know.

You can go back to sleep now.

I thought this was interesting too! Look at the rates and the income brackets where they kick in for some of these countries! Holy smokes Batman! No wonder the Irish drink so much.

http://finance.yahoo.com/blogs/daily-ti ... Q--;_ylv=3

10. Ireland
Highest income tax rate: 48%
Top marginal tax rate kicks in at: $40,696 (32,801 euros)

9. Finland
Highest income tax rate: 49%
Top marginal tax rate kicks in at: $87,222 (70,300 euro)

5. (Tied) United Kingdom
Highest income tax rate: 50%
Top marginal tax rate kicks in at: $234,484 (150,000 pounds)

5. (Tied) Japan
Highest income tax rate: 50%
Top marginal tax rate kicks in at: $228,880 (18,000,000 yen)

5. (Tied) Belgium
Highest income tax rate: 50%
Top marginal tax rate kicks in at: $45,037 (36,300 euros)

5. (Tied) Austria
Highest income tax rate: 50%
Top marginal tax rate kicks in at: $74,442 (60,000 euros)

4. Netherlands
Highest income tax rate: 52%
Top marginal tax rate kicks in at: $70,090 (56,492 euros)

3. Denmark
Highest income tax rate: 55.38%
Top marginal tax rate kicks in at: $70,633 (423,803 krone)

2. Sweden
Highest income tax rate: 56.6%
Top marginal tax rate kicks in at: $85,451 (574,300 kroner)

1. Aruba
Highest income tax rate: 58.95%
Top marginal tax rate kicks in at: US $171,149

LOL wrote: I think Rush did pack up and move out of NYC because of high taxes. I thought you would want to know.

You can go back to sleep now.

Doesn't have anything to do with him moving "out of the country [to Costa Rica]", does it...

Wake me if it happens... :Snooze

I'm not sure it's humanly possible to wake you up. :rofl

So what do the citizens get for those tax rates? Aruba probably does not have a huge military presence.