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Wednesday, August 8, 2012

Will les Riches Run Away?

French President Hollande has pledged an increase in the top income tax rate to 75%, probably the highest in the world.  The French, not being as crazy about The Rich as we are, like the idea.  The Times, predictably, predicts that les Riches will up and move to avoid the new rate.  Robespierre could tell them how to handle that.

http://www.nytimes.com/2012/08/08/business/global/frances-les-riches-vow-to-leave-if-75-tax-rate-is-passed.html?ref=business

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