Tuesday, October 16, 2012

It's Called "Capital Flight"

and it's a feature, not a bug of socialism.

What I love is how Hollande telepathed his moves 6 months in advance.  Gave the rich and productive enough heads up to get out of Dodge.

Oh well, Profitez de la baisse!


Anonymous said...

"The immediate bone of contention is Article 6 of the new tax law, which raises the top rate of capital gains tax from 34.5pc to 62.2pc."


So they pay 34.33 percent corporate tax, and then 62.2 percent of what's left is taxed away. It's a real tax rate of 75.18%, and a lot of that tax falls on fake inflated "gains". The total burden might be 80% or even 85%!

And yet is still never enough. Women will have so much to answer for when it all collapses, for rigging up these feminized parasite states.

Differ said...

Curse you Captain; you beat me to this one! It's astounding how absurdly ignorant these politicians are about how an economy works...it's almost as if they're trying to wreck their nations...but to what ends?