There was a treaty signed by the US a couple of years ago that defined any states seeking to lower their income tax below a certain level as a rogue state. Does onyone remember the specifics?
"It was the most memorable time of my life. It was a touching moment because I never thought this day would ever happen. I won't have to worry about putting gas in my car. I won't have to worry about paying my mortgage. You know, if I help him, he's gonna help me."
Hollande has promised more government spending and higher taxes including a 75-percent income tax on the rich...
Feh, why not just take it all, then everyone would
want to succeed. /s.
So the 50% who don’t work pay no taxes and the rest
are slaves to the state. Makes sense in a Marxian
kind of way. And naturally the government posts will
be filled with people from the 50%.
Intrade has Hollande at 97.5%
Dow Futures for Monday Down -182 on “European Jitters”
and monied-French planning to move to UK
Mmm — so what’s happenin’ in Greek elections? UK can only handle so many.
The Sheep, especially the immigrant sheep, were promised Unicorns and free schit from the Socialists for a generation, and by god, they WANT THEIR FREE SH*T!
There is NO WAY this ends well....
In other words the economy of France is guaranteed to fail, taking the rest of Europe with it.
First a law will be passed that no one who wants to move out of France can take more than $10,000 or so in currency and goods with them. Then they’ll pass the 75% income tax on the rich. If you leave the country, all your wealth defaults to France. Castro will be proud.
I’m waiting to see how many of the Hollywood liberals who always threaten to move to France if a Republican wins the White House, actually do so.
If France goes socialist watch their economy tank. The wealthy are already leaving rather than face a 75% tax rate and France is already broke. I expect within a year after a socialist government take over in France the Euro will crumble.
“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.” ~Winston Churchill