France’s Socialist 75 percent tax rate is economic suicide

The Telegraph (UK) ^ | September 28, 2012 | Nile Gardiner

[nickcarraway]

But if Romney gets elected, then all that will be okay. Then 75% taxation will be a good thing?

[PapaBear3625]

The google-translate of Marine Le Pen's platform doesn't look particularly fascist to me.

She wants to greatly restrict immigration, reduce taxes and simplify the tax code, give preference to French citizens in public housing over immigrants, and have illegal immigrants have no right to public housing, etc.

Go find where she's proposing fascism.

[Jack Hydrazine]

The Left worships death and destruction so the headline isn’t a surprise.

[LibertyOh]

Large companies have been making this kind of move for years. I worked for a French owned company - they createed and located an Intellectual Property holding company in Switzerland within the last decade, licensing back the IP to the various subsidiary companies throughout the world so large licensing fees from each would be taxed at the Swiss rate prior to flowing back to the French parent as already taxed profits, avoiding taxation at the corporate level by France. There are a large number of such IP holding companies now located in Switzerland, probably will grow even more (even within Switzerland there are cantons with preferable tax rates that have prospered from the IP companies locating there - few employees with substantial corporate income).

[RetiredArmy]

Basically, I do not trust anyone that calls himself/herself a politician. In my humble opinion, 99.5% of them are either crooks or shortly will be after the “power” and “I am special” goes to their heads. Even good people seems to go down the drain once they cross over into that beltway of Sodom on the Potomac. Even if the RINOs win, I don't see it getting any better. Just because a RINO gets elected does not mean a $15 trillion debt just goes away. I do not see how that is ever going to be paid down.

[Lazamataz]

World wars are born of this stuff.

[JimRed]

When we take France back from the Germans again, do we get to KEEP it?

[Erasmus]

It would be no trivial task to sort out the parts you wanted to keep from those you didn’t.

[Forward the Light Brigade]

When the left screws up —the right must fix it. Who knows maybe they need an Emperor or King? Marine LePen may not be a fascist but the French Nation may be forced to head in that direction to keep from becoming a failed state and a province of Germany.

[PapaBear3625]

France does not need fascism. France needs free-market capitalism, low taxes, and an end to their Welfare State.

Unfortunately, France may be past the tipping point where the number of voters dependent on government exceeds 50%.

[jimt]

But if Romney gets elected, then all that will be okay. Then 75% taxation will be a good thing?

Please post a link to where Romney or Ryan have even advocated a 75% tax rate.

Or cut the crap.

[UnapologeticConservative]

LOL: fair question.

[UnapologeticConservative]

That would make a great bumper sticker.