Posted on 12/23/2013 5:46:57 PM PST by dynachrome
Horse riders and trainers are demonstrating against a plan to nearly triple the tax on riding schools in France.
Enthusiasts fear the higher tax will make lessons too expensive, and force many schools to close. And they worry it will further chip away at rural traditions already struggling in a stagnant economy.
(Excerpt) Read more at hosted.ap.org ...
I will give the Frenchies this, they do get out and protest.
They voted for a socialist promising 75% income tax rates, what did they expect?
When the revenue doesn’t come in, and the money is running out, they start looking to tax anything and everything...
High taxes on riding schools-schools close and unemployment rises and little tax revenue raised.
1990-20% tax on new yachts $200,000 and over built in the U.S estimated revenue $50,000,000 per year. Buyers buy foreign yachts and register them in other countries. Almost no revenue raised, boatyard close-more unemployment.
SUPPLY SIDE ECONOMICS-TOO HIGH TAX RATES-LESS TAX REVENUE LESS EMPLOYMENT. Plenty more examples
Socialism is grand as long as it’s OPM. When it’s MY money, look out!
exactly
People figured that he was lying, I guess. ;-)
Well, they blew through some of that cash by bailing out Greece.
(Cue Janet Jackson's "CONTROL!')
>>>SUPPLY SIDE ECONOMICS-TOO HIGH TAX RATES-LESS TAX REVENUE LESS EMPLOYMENT. Plenty more examples<<<
Who said socialism is about raising a revenue? Socialists are voted in by the poor and that is why socialism is all about reproducing poverty.
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