Speaking Of Europe ——- France Crying!

image

This is too funny.  I picked this up from Dan Mitchell.

Back in September, I related to readers that Bernard Arnault, France’s most wealthy man was packing up and leaving France for Belgium.  He said it wasn’t to escape the 75% income tax, but we all know that’s the reason.  Since then, Francois Hollande has taken a few more steps to confiscate wealth

Mr Hollande has since introduced other hefty new charges on capital gains and inheritance, while increasing France’s wealth tax and an exit tax for entrepreneurs selling their companies.  

Well, one can’t say Mr Hollande isn’t committed.  What happened was a small oversight by the new French government.  They forgot to seal and fence the borders.  Arnault was just quicker than some.  The fellow in the picture above is Gerard Dépardieu, apparently France’s best-known actor.  He’s decided to be Arnault’s neighbor, along with hundreds of other wealthy French nationals seeking lower taxes.

So, let the crying begin!

image

Poor little commie wannabees.  They thought people would willingly hand over their wealth and property for the collective! 

Jean-Marc Ayrault’s outburst. 

These individuals are leaving “because they want to get even richer,” he said. “We cannot fight poverty if those with the most, and sometimes with a lot, do not show solidarity and a bit of generosity,” he added.

Last week, Britons and other owners of second homes in France were told that the value of their properties could collapse after Mr Hollande’s government announced a sharp rise in capital gains tax.

Socialist MP Yann Galut called for the actor to be “stripped of his nationality” if he failed to pay his dues in his mother country, saying the law should be changed to enable such a punishment.

Benoît Hamon, the consumption minister, said the move amounted to giving France “the finger” and was “anti-patriotic”.

In a stinging editorial, Libération, the left-leaning daily, called him a “drunken, obese petit-bourgeois reactionary”. Le Monde mockingly exclaimed: “Bravo l’artiste!”, pointing out he had chosen to make his move “on the eve of a national conference on poverty”.

Jean-François Copé, chairman of former president Nicolas Sarkozy’s UMP party, yesterday said the actor’s departure was “terrible for our country and its image”.……

Far-Right National Front leader Marine Le Pen said tax exiles like Mr Depardieu wanted to “have their cake and eat it”, adding: “All these people general come running back when they have a health problem.”

Among Mr Depardieu’s neighbours in the village of Nechin will be members of the Mulliez family, who own the Auchan supermarket chain.

Goodness, the little Stalins are mad!!!  Each action has a natural reaction.  These things were entirely predictable, and, in fact, were predicted.  The Laffer curve instructs us on such things.  People move to protect their property and wealth.  It is what people do.  Further, there is very little incentive to work for wealth if you must give most of the product of your labor to someone else.  I don’t know about other people, but if I were told that I could work, but have to turn over 75% of what I earned to someone else, I’m going to lay down.  Every time!  You think a mule is stubborn?  I’ll just lay there like a cheap wh—- well.  If people believe that’s a right and proper way to be, then they can go first.  Pick up that shovel and start working your a$$ off ….. for me!!  Rolling on the floor laughing  I’ll be on my porch drinking some beer, complaining about what I don’t have.  Of course, it’s easier for me.  I don’t have as much property to protect as the people above.  But, that’s part of the curve as well.  When I can look around and see the people who do far less but have as much or more than I do, then the incentive to do is greatly diminished.  The curve works from the top end and the bottom.  France has reached the breaking point on the top end.  The US is reaching the breaking point from the bottom.  Many of us would still work because it is an ingrained more.  It is more about compunction than anything else.  But, in a couple of generations, that more will be entirely gone from the US.  Then what?

As to the charges of being unpatriotic, there are few things more patriotic to do than to teach a fellow countryman to be more reliant upon themselves. 

Lastly, tying this into my prior post, I would ask, how long before the EU intervenes in the mobility that allows for people to move to places to escape oppressive taxation and wealth confiscation?  My estimation is within just a few years.  This is the natural result of the consolidation of authority. 

About these ads
This entry was posted in Economics. Bookmark the permalink.

20 Responses to Speaking Of Europe ——- France Crying!

  1. gator69 says:

    My old Webster’s Dictionary defines patriot as, “one who zealously supports his country and its leadership”. I puzzled at the lefties who hated being called unpatriotic when Bush was in office. I wear that badge with honor, now that Obama is in office, because I love my freedom and am grateful for our constitution. It’s been a long time since I zealously supported any of my “leaders”.

  2. DirkH says:

    “All these people general come running back when they have a health problem.”

    No. They’ll go to Germany and pay for the treatment.

    • suyts says:

      I’m glad you commented on that. It struck me as an odd statement.

      • DirkH says:

        German antibodies, proton radiation therapy and automated micro labs are bleeding edge.

      • gator69 says:

        Yeah, that claim caught me too, but as I am not as familiar with euro-care as others here, I waited to see if anyone else would comment.

      • Lars P. says:

        Well, he (Gerard), actually answered that in his letter you linked in the other post:
        “Je vous rends mon passeport et ma Sécurité sociale, dont je ne me suis jamais servi.”
        I give you the passport and the social security card that I never used. I think he used the passport and when he was ill he payed for the service.

  3. kim2ooo says:

    Lastly, tying this into my prior post, I would ask, how long before the EU intervenes in the mobility that allows for people to move to places to escape oppressive taxation and wealth confiscation? My estimation is within just a few years. This is the natural result of the consolidation of authority.

    THERE IT IS

    • kim2ooo says:

      Here’s Proof

      Socialist MP Yann Galut called for the actor to be “stripped of his nationality” if he failed to pay his dues in his mother country, saying the law should be changed to enable such a punishment.

      • philjourdan says:

        Seems the left got tired of threatening to leave, and now they just want to strip everyone that disagrees with them of their citizenship.

        They cannot strip nationality. But then I do not expect idiots to understand that.

    • suyts says:

      Yep, your president was also off doing the same thing the other day.

  4. leftinbrooklyn says:

    Before our very eyes. Again. The failure of socialism. Only lasting as long as it does at all, through ever increased control & reduction of liberty.

  5. Drama says:

    Of course it’s not about taxes. Belgium just has that much more to offer, like waffles, not everyone likes crepes.

  6. DirkH says:

    Zerohedge has some more – Hollande threatens Belgium…
    “Agence France-Presse notess that Hollande ‘patriotically’ demands “there’s no other way” than to revise fiscal agreements with countries (cough Belgium cough) offering advantageous tax rates.”
    http://www.zerohedge.com/news/2012-12-14/france-threatens-kick-belgium-out-socialist-club
    Vive la solidaritée Europeanne!

  7. Pingback: Depardieu Says ‘Screw You’ To Ayrault/Hollande | suyts space

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s