The Conservative Cave
Current Events => The DUmpster => Topic started by: SSG Snuggle Bunny on July 03, 2012, 10:01:17 AM
-
Roland99 (35,463 posts)
France Gives "Fairness Doctrine" Details; Will Tax Millionaires At 75%
http://www.zerohedge.com/news/france-gives-fairness-doctrine-details-will-tax-millionaires-75
With the Great June Socialist Revolution spilling over into July, here are some details as they become available from France:
FRANCE TO HAVE NEW TAX RATE OF 45% FOR WEALTHY
FRANCE TO TAX INCOME OF MORE THAN EU1 MLN AT 75%, AYRAULT SAYS
FRANCE TO TAX CAPITAL INCOME AT SAME LEVEL AS WAGES
FRANCE TO RAISE TAXES FOR LARGE COMPANIES, BANKS, OIL FIRMS
But... FRANCE TO ANNUL PLANNED VAT INCREASE PLANNED BY SARKOZY
After all, it's only fair. In other news, we are rotating our secular long thesis away from Belgian caterers and into tax offshoring advisors, now that nobody in the 1% will pay any taxes ever again.
The good news is that with the entire world set to adopt 100%+ taxes on "wealthy" individuals as defined arbitrarily by Ph.Ds, there will be no place to hide. Which incidentally is just the first step toward what we warned back in September 2011 will happen: a 30% tax on all financial assets. Everywhere.
russspeakeasy (3,765 posts)
1. WOW .
no_hypocrisy (23,555 posts)
2. Vive La France!
Ganja Ninja (14,526 posts)
3. Wouldn't it be ironic if all the money the wealthy have poured into political bribery ...
ended up in causing a backlash like this over here.
Ichingcarpenter (26,204 posts)
4. ****ing Socialist Government .... now the economy will no longer trinkle down.
think of the job creators for god's sake!!!!
hifiguy (8,156 posts)
7. I salute President Hollande and the French people.
This is how it's done, fellow Democrats.
http://www.democraticunderground.com/1002896357
Remember this thread once the French economy starts cratering.
I look forward to the excuse making ass well.
-
The DUmmies will blame President Romney.
-
The DUmmies will blame President Romney Bush.
:-)
-
If they love it so much, why don't they move there? The DUmp is full of nothing but socialist and communist who hate America (And love terrorist, drug cartels, killing babies, illegal immigrants, etc, etc, etc).
-
:-)
They will forget all about chimpy after RMoney is sworn in.
-
If they love it so much, why don't they move there?
French immigration policy.
No, seriously.
Which is interesting considering A) France is drowning in Muslim who bathe less than Frenchmen and B) libs accept in France what they call inhumane in the US.
-
French immigration policy.
No, seriously.
Which is interesting considering A) France is drowning in Muslim who bathe less than Frenchmen and B) libs accept in France what they call inhumane in the US.
Maybe they can go into the country illegally? Wait, if they do that, they will know what really happens to people who do that and won't like it.
-
EU hits record unemployment rate this month, 11.2%. The eu will look back at this month as the good old days.
-
The French government will shortly discover that money and assets are portable...
-
The French government will shortly discover that money and assets are portable...
And David Cameron in Britain is rolling out the red carpet...
Can't wait to see if France turns into an even bigger shithole.
-
Can't wait to see if France turns into an even bigger shithole.
They could start a few hockey teams.
-
They could start a few hockey teams.
That's what they have Quebec for.
-
What does France have besides the Eiffel Tower? I mean the whole country is full of nothing but wimp ass pansies whose military couldn't fight their way out of a wet paper bag. Now their socialism is going to make more of a bunch of Pansies.
For God sakes, Mexico celebrates Cinco De Maya, which a a victory over France. NAME A COUNTRY THAT DON'T HAVE A VICTORY OVER FRANCE? Sheesh ... :rant:
-
:lmao: :lmao: :lmao:
OK, putting my serious face on now, what happens when the millionaires in France move their money to more friendly Countries?
-
Just curious, the DU OP's article comes from zeroheadge.com, is that a leftwing news site or blog? only asking because you guys have to read the comments section, WOW they get it!
http://www.zerohedge.com/news/france-gives-fairness-doctrine-details-will-tax-millionaires-75
-
I don't think they are. They're one of the groups that debunked Obama's claims that his "stimulus" would save or create any jobs at all.
You might recognize their graphs... they're pretty distinctive.
(http://i237.photobucket.com/albums/ff68/kayaktn/060112romerbernstein.jpg)
-
:lmao: :lmao: :lmao:
OK, putting my serious face on now, what happens when the millionaires in France move their money to more friendly Countries?
Hopefully, with Mitt, they will see us as friendly.
-
ZERO-HEDGE is a great site with good insight. I also like Mish's site too: http://globaleconomicanalysis.blogspot.com/
Both those place are realists about public debt. Both say that the euro is over in the year. Their predictions come true 90% of the time but always much later than they predict. My guess is that euro is dead in a year with Germany leaving with the other North European nations. France will stay in the south europe and reign supreme over a third world coalition of failing states but the french will be in charge.
-
tpsbmam (3,559 posts)
17. Total bullshit from a reich wing site.....I just searched
HuffPo, the NY Times, WaPo, the LA Times and Google......nothing. The ONLY thing that comes up for that is this reich wing website and other blogs that have quoted it (including DU).
I call total reich wing bullshit.
-
Well there's your problem!!
-
Bally, here's what your quote amounts to:
:lalala: :lalala: :lalala:
That's what the quoted DUmb**** is doing.
-
You know, the German can save money by not invading France this time. They can buy it for pennies on the
dollar Euro soon.
-
You know, the German can save money by not invading France this time. They can buy it for pennies on the dollar Euro soon.
The Fwench will still surrender.
-
The Fwench will still surrender.
It's the electronic age. Some computer geek needs to make an aps for white flag waving by E-mail.
-
It's the electronic age. Some computer geek needs to make an aps for white flag waving by E-mail.
Maybe the Maginot Line just was not commanded properly, just give it another chance then you will see the France be victorious! :hyper:
-
It's sad to see a major Western country set a course for certain catastrophe.
Unless it's France. Then, it's funny as all Hell!
:popcorn:
-
But but but, they legalized gay marriages and adoptions.
Glad to see they're paying attention to the important things.
-
Another thread on this. (http://www.democraticunderground.com/1002900738)
Eugene (13,966 posts)
France slaps 7 billion euros in taxes on rich, big firms
Source: Reuters
France slaps 7 billion euros in taxes on rich, big firms
By Daniel Flynn
PARIS | Wed Jul 4, 2012 10:55am EDT
(Reuters) - France's new Socialist government announced tax rises worth 7.2 billions euros on Wednesday, including heavy one-off levies on wealthy households and big corporations, to plug a revenue shortfall this year caused by feeble economic growth.
In its first major raft of economic measures since Francois Hollande was elected president in May promising to avoid the painful austerity seen elsewhere in Europe, the government targeted companies and the rich with tax hikes.
An extraordinary levy of 2.3 billion euros ($2.90 billion) on wealthy households and 1.1 billion euros in one-off taxes on large banks and energy firms were central parts of an amended 2012 budget presented to parliament.
-snip-
Hollande says the rich must pay their share as France battles to cut its public deficit from 5.2 percent of GDP last year to an EU limit of 3 percent in 2013 despite a stagnant economy and rising debt.
-snip-
Read more: http://www.reuters.com/article/2012/07/04/us-france-budget-idUSBRE86307X20120704
*******it!
Reply to this post
Back to top Alert abuse Link here Permalink
Response to Eugene (Original post)Wed Jul 4, 2012, 11:28 AM
Wounded Bear (984 posts)
2. Can't wait to hear the howls...
from the RWers.
Response to Eugene (Original post)Wed Jul 4, 2012, 12:17 PM
beveeheart (16 posts)
3. Vive la France!
this former French teacher says.
Reply to this post
Response to Eugene (Original post)Wed Jul 4, 2012, 12:31 PM
MrTwister (62 posts)
4. That's what the voters wanted.
It must be great to live in an educated country.
Response to MrTwister (Reply #4)Wed Jul 4, 2012, 01:48 PM
Aerows (9,290 posts)
8. No kidding
And welcome to DU, educated poster
Response to Eugene (Original post)Wed Jul 4, 2012, 01:36 PM
dtom67 (70 posts)
5. Just wait...
the Powers-that-be will soon take steps to tank the French economy, much like the Right-wing here in the US.
Response to dtom67 (Reply #5)Wed Jul 4, 2012, 01:39 PM
dtom67 (70 posts)
6. its in their best interest...
they cannot allow this precedent to create any positive effect for the French people. They will attempt to contain this " contagion ".
It will not be pretty...
Response to dtom67 (Reply #5)Wed Jul 4, 2012, 01:44 PM
gtar100 (2,111 posts)
7. And then blame it on the tax increase.
Standard operating procedures for the wealthy who do not appreciate their position in life.