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France avoids austerity by raising taxes on the wealthy and big business!!!
  • Knoxy2001e
    Posts: 1,423
    Good news. about time those responsible for the worlds economic ruin picked up the bill.


    "French Prime Minister Jean-Marc Ayrault confirmed that there is to be a new 75% tax rate for people earning more than 1m euros (£800,000; $1.3m) a year.

    But he insisted that nine out of 10 citizens will not see their income taxes rise in the new budget.

    The government plans to raise 20bn euros in extra revenue."

  • sambo applecart
    Posts: 24,062
    Amazing. Gripping stuff that. 
  • escla
    Posts: 2,450
    Knoxy2001e said:

    Good news. about time those responsible for the worlds economic ruin picked up the bill.



    "French Prime Minister Jean-Marc Ayrault confirmed that there is to be a new 75% tax rate for people earning more than 1m euros (£800,000; $1.3m) a year.

    But he insisted that nine out of 10 citizens will not see their income taxes rise in the new budget.

    The government plans to raise 20bn euros in extra revenue."


    -----------------





    Stupid idea, he will just drive those high earners abroad into tax havens.
  • Jxg
    Posts: 1,537
    Knoxy2001e said:

    Good news. about time those responsible for the worlds economic ruin picked up the bill.



    "French Prime Minister Jean-Marc Ayrault confirmed that there is to be a new 75% tax rate for people earning more than 1m euros (£800,000; $1.3m) a year.

    But he insisted that nine out of 10 citizens will not see their income taxes rise in the new budget.

    The government plans to raise 20bn euros in extra revenue."


    -----------------



    75%? Pretty much theft. There'll be more people dodging this extortionate tax and more people moving to countries with lower taxation. They might make money but not much, and they'll _piss off a lot of influential people in the process. Great job, socialist French _prick.

    Hey Knoxy, I know how much you love reports that bore you to death, but I'm going to provide a short one:

    http://blogs.telegraph.co.uk/news/nilegardiner/100182875/frances-socialist-75-percent-tax-rate-is-economic-suicide/


    Hey, this might be a good thing for us! Hooray France! (Never thought I'd say that phrase in my life)
  • brboy1
    Posts: 905
    Some might but most won't. (go into tax havens) but those who would probably are already.

    I think its a great idea & should be repeated here .

    Just don't down the 90- 99 % rate of the 60s & 70s.

    LOts will have expensive accountants to dodge it but more won't be able to.

    I'd love to see what UK could raise by doing the same.
  • escla
    Posts: 2,450
    Simply move over the border into French speaking Switzerland, buy a house, pay a one off Kanton tax which is a percentage of the
    value of the house you bought and thereafter only municipal taxes depending on which Kanton you live in. Worked for Roger Moore, Shirley Bassey,Louis Hamilton and thousands more !
  • escla
    Posts: 2,450
    brboy1 said:

    Some might but most won't. (go into tax havens) but those who would probably are already.

    I think its a great idea & should be repeated here .

    Just don't down the 90- 99 % rate of the 60s & 70s.

    LOts will have expensive accountants to dodge it but more won't be able to.

    I'd love to see what UK could raise by doing the same.


    -----------------





    Accountants are not at all expensive when you consider the amount they save you, mine actualy explained a loophole to me that was in fact endorsed by MP's specifically designed to avoid capital gains tax on the sale of a second home, it's not obvious and does require the use of smoke and mirrors but that's what you pay good accountants for.
  • sambo applecart
    Posts: 24,062
    escla said:

    Simply move over the border into French speaking Switzerland, buy a house, pay a one off Kanton tax which is a percentage of the
    value of the house you bought and thereafter only municipal taxes depending on which Kanton you live in. Worked for Roger Moore, Shirley Bassey,Louis Hamilton and thousands more !


    -----------------



    what if you don't like the Swiss??
  • blue32years
    Posts: 16,207
    So the solution is punish the successful ?


    Idiotic idea.
  • sambo applecart
    Posts: 24,062
    blue32years said:

    So the solution is punish the successful ?


    Idiotic idea.


    -----------------



    I hate being unsuccessful. 
  • escla
    Posts: 2,450
    sambo applecart said:

    what if you don't like the Swiss??


    -----------------





    They can be a bit **** (no pun intended Sambo) but the wine and cheese make up for it !
  • escla
    Posts: 2,450
    escla said:



    They can be a bit a_nal (no pun intended Sambo) but the wine and cheese make up for it !


    -----------------




  • sambo applecart
    Posts: 24,062
    escla said:



    They can be a bit **** (no pun intended Sambo) but the wine and cheese make up for it !


    -----------------



    Every cloud.......however, i find there neutral stance on most things a little pedantic if i'm being honest. Wine and cheese does not make up for principal in my book my dearest Escla :)
  • blue32years
    Posts: 16,207
    Great knives
  • escla
    Posts: 2,450
    Neutrality brings lots of benefits with it, like being able to store **** gold and masterpieces for a fee then being allowed to visit P.O.W
    camps and give glowing reports.
  • sambo applecart
    Posts: 24,062
    blue32years said:

    Great knives


    -----------------



    not going to win a war with them though matey are they! ;)
  • escla
    Posts: 2,450
    escla said:

    Neutrality brings lots of benefits with it, like being able to store N_azi gold and masterpieces for a fee then being allowed to visit P.O.W
    camps and give glowing reports.


    -----------------




  • mikraz
    Posts: 2,154
    escla said:



    Accountants are not at all expensive when you consider the amount they save you, mine actualy explained a loophole to me that was in fact endorsed by MP's specifically designed to avoid capital gains tax on the sale of a second home, it's not obvious and does require the use of smoke and mirrors but that's what you pay good accountants for.


    -----------------



    You're the first to moan about scroungers but happily avoid paying tax f**king hypocrite.
  • 83EvertonFC
    Posts: 546
    escla said:



    -----------------



    Haha why the feckk is n_azi on the swear filter
  • Knoxy2001e
    Posts: 1,423
    "Stupid idea, he will just drive those high earners abroad into tax havens."

    their jobs and businesses are in france. they dont have anywhere else to go.
  • escla
    Posts: 2,450
    mikraz said:

    You're the first to moan about scroungers but happily avoid paying tax f**king hypocrite.


    -----------------





    Tax evasion is illegal, tax avoidance is a prudent step taken by those who do not wish to be unfairly punished for success, I pay more than sufficient on income from earnings to keep an army of scroungers in benefits and have no beef about that, I feel no obligation however to pay additional tax on assets that I have purchased out of taxed income, anyway, my accountants fees are tax deductible
    so not expensive at all !
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