PARIS - Prime Minister Jean-Marc Ayrault on Tuesday denounced wealthy individuals in France fleeing a stinging tax on high incomes as greedy people seeking to "become even richer." Mr Ayrault´s comments came after the country´s leading actor, Gerard Depardieu, took up residence in a tiny village just over the border in Belgium which is a favoured spot for wealthy French nationals avoiding tax. "Those who are seeking exile abroad are not those who are scared of becoming poor," he told reporters after announcing sweeping anti-poverty measures to help those hit by the economic crisis.
Comments: Not mentioned is top tax rate is now 75% in France.
The French Prime Minister ought to forget about the rich who have fled. Their money couln´t run the government for a week. He should be concerned about the rich who will never come to be. Socialist economic policies have salted the economic soil. There will be far fewer people willing to become entrepreneurs. Those are the people who create the businesses, provide the jobs,create the wealth and occasionally become rich. Why would anyone want to risk their capital in a very business unfriendly environment only to find themselves vilified and their gains seized if they are successful.The French socialists will find that eventually they will not be able to seize or redistribute that which is not produced. Ironic that the Russians and Chinese almost never ridicule their newly rich businessmen.
Politicians who constantly lean on and vilify producers will be in for a rude awakening when Atlas shrugs and these idiot lawmakers are left powerless with only their rhetoric and an angery, helpless populace they helped to create beating down their door wanting the free hand outs they were promised.
The rich French are leaving France just like rich Californian´s are leaving Calee and fleeing a sinking burning ship like rats. Off to Nevada, Texas, or other places with lower or no state income taxes. Apparently people have limits as to how much in taxes they are willing to pay, then there is a tipping point and they bail out. So all of that hoped for revenue will not appear. Then what? Raise taxes even higher on all the rest of us like state sales taxes, vehicle fees, and professional license renewalls? Thats a drop in the bucket. Of course cutting spending is never an option.
The fundamental fallacy of Leftism is a false understanding of human beings. Leftists do not understand people, including themselves. The reason their grand schemes and projects never work as intended, the reason they end up costing more, causing unintended consequences, and failing to achieve their desired objectives, is that people do not think and behave the way they would have to in order for Leftist fantasy ideology to work.
Leftists, for example, do not understand that it is natural, in fact inevitable, for the majority of normal people to desire to retain control over their own assets - that they will resist to the best of their ability all attempts by the government to take it away from them. This is not necessarily simple greed; even mega-rich philanthropists prefer to choose the objects and organizations of their benevolence. Who ever heard of a plutocrat donating vast sums to the government as a charitable gift? People do not act that way because they know the government wastes money and allocates it unwisely and frequently corruptly.
This foolish French PM can fume and slander tax avoiders all he likes but it will change nothing. Those who can do so will continue to utilize every means at their disposal to retain as much control over their own property as possible. There must be something wrong with the brains of serious Leftists that keeps them from understanding human beings, beginning with themselves. For with occasional happy exceptions, once they have reached a certain age, their illusions and delusions become fixed and unalterable.
Either Ayrault is as stupid as he appears or he is doing what Obama and others have done: class division in preparation for something bigger.
There is a global economic crisis involving more money and more people than we have ever seen before and things WILL fall apart. There´s a clear "us-versus-them" meme being foisted on the peoples of the world where "us" is anyone who is dependent on the governments and "them" is anyone who is not.
It will deservedly happen here as well. When you spend more than 50% on taxes you are a slave to the STATE. Personally I believe this applies to over 30%. Unfortunatley, our beloved Republican Leadership is incapable of making this arguement and happy to raise taxes on the rich.
It´s important that Depardieu to point to others that a wealthy person has the means to move so au Revior tax money, middle class your holding the bag. Why are people not revolting against the lies of the ruling class? Is it because of the little official flags on their limos.?
SOUTH ORANGE, N.J. -- The victim of a vicious knockout attack in New Jersey is speaking out for the first time. He was cold-cocked, and hit not just with a fist, but with a glove with hard plastic knuckles. Two of the four attackers are still on the run. "All of a sudden, I was trying to watch my back and these two came around front and punches my face," the victim said. The 36-year-old restaurant worker does not want his name or face on television, and who could blame him? He still has headaches from a concussion and six
Sears stock plummeted Wednesday as news came out that Edward Lampert, its stubborn billionaire chairman and CEO, had to surrender majority control of the 120-year-old big box retailer when investors in Lampert’s hedge fund pulled money out. With no end in sight for Lampert’s quixotic turnaround efforts, it’s time to question whether there’s any way to save Sears as long as he remains in charge. (Snip) Lampert began at Sears with the ill-fated $12 billion merger with Kmart in 2005. Sales have declined for 27 straight quarters and the company’s stock is down over 70% from its high in 2007.
The Internal Revenue Service (IRS) has no system in place to prevent fraud when individuals apply for tax credits under Obamacare, according to the Treasury Inspector General for Tax Administration (TIGTA). The IG said in an audit released Tuesday that the IRS has no plan to manage, monitor, or mitigate fraud risk when processing premium tax credits available under the Affordable Care Act (ACA). “The ACA Program has not yet completed a fraud mitigation strategy,” the audit found. “It is important for the IRS to thoroughly consider fraud threats and risks that could impact new ACA systems.” Politico reports: The
Around 100,000 Americans successfully signed up for health insurance in November through the troubled federal online marketplace, HealthCare.gov, a person familiar with the preliminary data confirmed to ABC News. The figure reflects a surge in enrollment as software and hardware fixes to the site were made over the course of the month. In October, only 26,000 people could successfully enroll in Obamacare plans, according to the Department of Health and Human Services. "We´ve been working 24/7 to make improvements, and more consumers are successfully shopping online and enrolling in a health plan each week," Health and Human Services Secretary
NEW HAVEN >> The jail cell death last weekend of Yale University professor Samuel See, known as a brilliant writer and rising star in academia, has shaken up the tight-knit college community. Now adding to the mystery of his unexpected death are apparent connections between the online profiles of See and several escort service websites that include a cache of sexually explicit photos. At least four websites advertising male escort services included a phone number connected to See. The website Ryan Cochran Escort Services includes the same phone number listed on an order of protection filed against See in September.
For many Ann Arborites, Thanksgiving is a day devoted to giving thanks, spending time with family, eating turkey and watching the Detroit Lions. This year, retail giants want that to change. (Snip) The early openings change the game for retail giants looking to boost profits through aggressive holiday sales. It also means millions of retail employees in the U.S. are working on the holiday, and it poses the question to consumers: Is a bargain on a 70-inch television or an Apple iPad worth ditching Thanksgiving dinner? “You couldn’t pay me to stand in a line in the cold on Thanksgiving
Macy´s Inc and a slew of other U.S. retailers are opening on Thanksgiving for the first time ever in a bare-knuckled brawl for a bigger slice of overall holiday sales. But it might not be so easy to lure most Americans from their turkey and football - particularly if the weather is foul. Department store rivals Kohl´s Corp and J.C. Penney Co Inc led a string of Thanksgiving opening announcements after Macy´s said it would open its U.S. stores on the popular holiday, ending a 155-year tradition. Sales trends, survey results and an online "Save Thanksgiving" backlash suggest that shoppers
A veteran Washington adviser who has worked for four Presidents on both sides of the political aisle said that the stunning Government Accountability Report report that found President Barack Obama has not had a one-on-one meeting with Health and Human Services Secretary Kathleen Sebelius since the passage of Obamacare over three years ago is an indictment of the entire White House operation and shows that the Obama administration has bordered on "malfeasance." "I have no doubt the White House is right, that Secretary Sebelius was in several group meetings with the president about health care," Gergen caveated, "but the whole
President Barack Obama’s Facebook page on Saturday posted a message honoring the dead from Pearl Harbor—accompanied by a picture of Obama descending the stairs next to the Pearl Harbor Memorial. The picture barely fits the name of the Arizona Memorial so it can frame Obama in the foreground. The post´s statement reads: Today, with solemn pride and reverence, let us remember those who fought and died at Pearl Harbor, acknowledge everyone who carried their legacy forward, and reaffirm our commitment to upholding the ideals for which they served. President Obama The Obama Administration´s current shipbuilding plan shrinks the size of
Just how much do many Hollywood liberals hate conservatives? In an interview with Playboy, Ben Affleck said, "When I watch a guy [on film] I know is a big Republican, part of me thinks, I probably wouldn’t like this person if I met him": PLAYBOY: You developed a political profile campaigning for presidential candidates Al Gore, John Kerry and Barack Obama. How did that come about? AFFLECK: I grew up in a house with a mother who was a teacher and a Freedom Rider—very left-wing Democrats living in a heterogeneous working-class neighborhood. I picked up a lot of those values there, and I
On his way to the podium at the memorial ceremony for former South African president Nelson Mandela, President Obama walked down the line of dignitaries, greeting other leaders there to pay their respects. Among the hands shaken: that of Cuban leader Raul Castro. Obama neither made a special effort to shake Castro’s hand nor to avoid him. A snub might have been awkward: In his speech, Obama praised Mandela’s “greatest gift” as “his recognition that we are all bound together in ways that can be invisible to the eye; that there is a oneness to humanity; that we achieve ourselves by
The Obama State Department has finally released a second round of photos revealing the harrowing devastation wrought by a terrorist attack on the U.S. Consulate in Benghazi on Sept. 11, 2012. The new photographs depict rampant damage to the consulate. They show charred walls, smoldering fires, Arabic graffiti defacing exterior walls, and scattered debris throughout. The extent of the damage would lead any reasonably serious person to conclude that this was a cold, calculated attack, carefully coordinated to mark the 11th anniversary of Sept. 11, 2001. Unfortunately for the American people, the Obama-Clinton-Rice cabal that led to the Benghazi cover-up was
MSNBC host Melissa Harris-Perry opened her program over the weekend with a commentary about the Affordable Care Act’s colloquial moniker: “Obamacare.” She said that the word was originally created as a “derogatory term,” designed by white men as a way to delegitimize President Barack Obama and his achievement. However, she said that the term will soon be synonymous with all of Obama’s accomplishments and she urged her audience to use the term with pride. “I want to talk today about a controversial word. It’s a word that has been with us for years, and like it or not, it’s indelibly
A “presidential selfie” featuring President Barack Obama, British Prime Minister David Cameron, and Denmark’s Prime Minister Helle Thorning-Schmidt at Nelson Mandela’s memorial service began making the rounds this morning, but it’s the person not included in the frame who caught everyone’s attention: As anyone with two eyes and a Twitter account has noticed, Michelle Obama does not appear amused. Of course, though a picture says a thousand words, not all of those words are necessarily true. FLOTUS might not have even known the photo was taking place. Or she could disapprove of funeral selfies. Either way.