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French business frustration boils over [Hollande to raise taxes; businesses to leave]
The Financial Times ^ | June 19, 2012 6:47 pm | Hugh Carnegy and Scheherazade Daneshkhu

Posted on 06/19/2012 6:05:55 PM PDT by Hunton Peck

Edited on 06/19/2012 7:00:45 PM PDT by Admin Moderator. [history]

When David Cameron, Britain’s conservative prime minister, was relayed on French radio news programmes on Tuesday morning declaring that he would “roll out the red carpet” to French companies escaping François Hollande’s plans to hoist taxes, he hit a raw spot for many of the country’s business leaders.


(Excerpt) Read more at ft.com ...


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: france; francoishollande; socialism; taxaholism
Yesterday: French Socialists eye tax rises after big poll win
1 posted on 06/19/2012 6:06:01 PM PDT by Hunton Peck
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To: Hunton Peck

Socialists tax more and spend more? Who knew?


2 posted on 06/19/2012 6:18:29 PM PDT by tflabo (Truth or tyranny)
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To: Hunton Peck
“I am happy to pay 50 per cent in income tax – but 75 per cent? When you add the wealth tax to that, you’re talking about rates of more than 80 per cent. What does that mean? It means the government thinks I’m of no value.”

Sorry Froggie--if you are "happy to pay 50%," then You think you are of no value.

3 posted on 06/19/2012 6:34:38 PM PDT by hinckley buzzard
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To: Hunton Peck

Come over here and hire us then.


4 posted on 06/19/2012 6:41:33 PM PDT by Vince Ferrer
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To: hinckley buzzard

What you said BUMP.
Screw France.


5 posted on 06/19/2012 6:41:33 PM PDT by Lancey Howard
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To: tflabo
"Socialists tax more and spend more? Who knew?"

And then are surprised by "unexpected" job losses and decreased treasury revenues. Rinse and repeat.

6 posted on 06/19/2012 6:45:45 PM PDT by boop (I hate hippies and dopeheads. Just hate them. ...Ernest Borgnine)
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To: boop

One advantage that European’s have is that when a German, French or UK citizen works in foreign country..like Asia..they don’t pay taxes in their home country. They only pay taxes in the overseas location. So many European countries move their best and brightest overseas to work on world wide issues and pay them well. The home country still gets a return on them..in the form of their work product and their wealth remittance. None of the socialist states of Europe would work at all without the remittances of their citizens and business’s overseas who don’t pay local taxes.


7 posted on 06/19/2012 6:58:08 PM PDT by Oldexpat
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To: Hunton Peck

Where will everybody go when the USA under the Marxists rolls snake eyes?


8 posted on 06/19/2012 7:22:15 PM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: Hunton Peck

Qui est Jean Galt?


9 posted on 06/19/2012 8:05:32 PM PDT by ItsForTheChildren
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To: Don Corleone

“Where will everybody go when the USA under the Marxists rolls snake eyes?”

Singapore or some other smart Asian country.


10 posted on 06/20/2012 4:30:10 AM PDT by Londo Molari
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