Thousands of French Households Taxed Over 100%

Discussion in 'Economics' started by nitro, May 20, 2013.

Could this happen in the US?

  1. Yes. If things get very bad but not otherwise.

    10 vote(s)
    35.7%
  2. No. Simply impossible under nearly all imagineable conditions.

    10 vote(s)
    35.7%
  3. I don't know.

    2 vote(s)
    7.1%
  4. I don't care.

    6 vote(s)
    21.4%
  1. luisHK

    luisHK


    I'm afraid you misunderstood me, polarising of french right wing and french left wing is a sign there is no free market discussion in that country as the right wing reeks of socialist policies - the deficit and public expenses went up during Sarkozy whereas taxes and labour regulations remained outrageous. French right wing is recognized more left wing than US democrats.

    Subsidised culture is one of the reasons imo.

    Besides - again - I have no idea what your 3 years of government help is about for new entrepreneurs, and I've spent quite a bit of time in France and know a whole bunch of french entrepreneurs - not familiar with the most recent regulations in that matter though
     
    #21     May 20, 2013
  2. jem

    jem

    i find it humorous that the french were so into preserving french culture, yet they elect politicians who are basically destroying the people who are tied to french culture.

    are policies this stupid caused by a power grab by cronies?
     
    #22     May 20, 2013
  3. Mtrader

    Mtrader

    Depardieu first moved to Nechin in Belgium and bought a house there.

    The family Mulliez who owns Auchan in France moved to the same village. They all live in what is called "la rue Auchan". They moved their financial centre of Auchan to Belgium too.

    Bernard Arnault ( LVMH holding, richest man in Europe) also moved to Belgium as well as the biggest part of his financial holdings.

    Real estate sellers around Brussels receive tens of demands from French rich people every day for moving to Belgium.

    Soon France will be a country without rich people and without big holdings.
    And in a few years, when people see the results also without socialists....
     
    #23     May 20, 2013
  4. jem

    jem

    yes... the end game of the left in the us and france is to drive out the old and bring in the new. The new is anti tradition and pro big govt.
     
    #24     May 20, 2013
  5. S2007S

    S2007S

    Happen in the US?


    Hahah NO!


    Simple as that.
     
    #25     May 20, 2013
  6. cmb

    cmb Guest

    they should have an investment tax or something. Where they have to invest 40%, that could create more jobs and more money actually IN the economy. Where as the government takes 70% and flushes it down the toilette
     
    #26     May 21, 2013
  7. luisHK

    luisHK

    Anyone following the frogs fighting off the EU and US to protect their despicable "exception culturelle" during the free trade agreement negociations between the US and EU ?

    Besides Smallstops, I had a quick but real look and didn't find anything about the marvellous help to new entrepreneurs you mentionned. Actually the latest news is government is trying to make savings out of entrepreneurs - yet not only from them. Did you happen to talk out of your ass by any chance ?

    Going through the same news channel, I noticed the french government just reduced its tax revenue expectations in 2013 by 8 billion euros, hopefully they'll take a closer look to the Laffer curve.
     
    #27     Jun 14, 2013
  8. luisHK,

    It happens that I am spending quiet a LOT of time in france metropolitaine AND I am also involved with entrepreneurs. :p . I like talking from experience. Just now I am actually helping a 68 years old French woman to structure an organisation she has been working on for the last 5 years... and strangely did not get far in her business as being too old, not enough educated and other type of bullshit arguments to deserve serious help ( from business planning to sourcing funding...). For some reasons, her former issues do not seem to be issues anymore when presenting her case to some agencies for further help.
    Now, looking here I can say French people must undertand something about life that other countries do not. It is with a LOT of regrets I will be leaving this beautiful country who has a "joie de vivre", "art the vivre", to head back again to some jungles just for tax reasons. lol.
     
    #28     Jun 14, 2013
  9. luisHK

    luisHK

    Would you care to point out the government support to new entrepreneurs you mention ? I need to read again but it was lasting several years according to you.

    It must be the 4th time I ask but you still haven't obliged enlighting me through your elaborate knowledge of french business matters.

    Besides I do like Paris very much, and wished it was an independant state. Western Paris of course.
     
    #29     Jun 14, 2013
  10. The lad got a funding as it is a high TECH business.
    Not a pop and mom stuff.
     
    #30     Jun 14, 2013