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

[Hunton Peck]

When David Cameron, Britain

[Hunton Peck]

Yesterday: French Socialists eye tax rises after big poll win

[tflabo]

Socialists tax more and spend more? Who knew?

[hinckley buzzard]

“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.

[Vince Ferrer]

Come over here and hire us then.

[Lancey Howard]

What you said BUMP.
Screw France.

[boop]

"Socialists tax more and spend more? Who knew?"

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

[Oldexpat]

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.

[Don Corleone]

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

[ItsForTheChildren]

Qui est Jean Galt?

[Londo Molari]

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

Singapore or some other smart Asian country.