2013-05-20

France Is Run By Thieves

Households taxed 100% of their income.

"The Constitutional Council has judged such a high rate of taxation to be unfair, leaving the government to rehash it to hit companies rather than individuals."

"Since then, a top administrative court has determined that a marginal tax rate higher than 66.66 percent on a single household risked being considered as confiscatory by the council."

You fucking think?

So remember folks, while Obama's leftist ideas on wealth and economics scares you,  it ain't French.

Which leads me to wonder, why do wealthy families stay in France? I know many are indeed leaving but what are others waiting for? Socialists drain you.

****

Top 10 countries for tax evasion:

True, high tax rates doesn't equate to tax evasion as the American example shows.

Quotes from the link:

From Washington, D.C., and Brasilia to Moscow and Madrid, the taxman is on a mission to squeeze more revenue from people, many of whom are struggling to make ends meet amid the worst economic slowdown since the Great Depression. 

Naturally, go after the small guy? Don't focus on the bigger fish. No sirreeeee. What a disturbing sentence. 

"Countries made the list because they either lack the will or the resources to collect all the monies that they are owed. The U.S. ranks first based on absolute dollars partly because its economy is so big. After all, it’s the world’s largest. Americans, though, are more willing to pay their taxes than people in other countries are, which is known as “tax morale.” A 2005 study published by Yale University found that the U.S. had a higher rate of tax morale than other counties surveyed."

There you go. Tax reform. Try it.

"In third-place Italy, the media is full of reports about people with no legitimate income driving expensive sports cars."

Hi-larious. According to the article Italy's black marker is 27% of GDP. I read it could be as high as 36%. When I was in Italy for the first time in 1990 it was interesting to see all these kids riding in Aprilia motorcycles. I could barely afford to buy a bicycle.

Quote from the comments thread:

"...Then there would be no tax cheating and no punishing people for their NATURAL BEHAVIOUR - tax dodging. It's like punishing a tiger for killing a human being. But tigers, wolves etc. are wild animals and they need to eat!
Unless! The governments get FREE SLAVES by placing the tax evaders in prisons and confiscating their money and property. Then such governments are criminals themselves.

TAPOS = Tax At Point Of Sale."






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