French Socialist's big idea: tax the rich

Apr 3, 2012 Full story: WTOP-FM Washington 28

French presidential candidate Francois Hollande, leading in polls but lacking in ideas that stick in voters' minds, finally dropped a bombshell: As president, he would levy a 75 percent tax on anyone who makes more than 1 million a year.

Full Story
First Prev
of 2
Next Last

“Progressive liberal politic”

Since: Sep 11

Location hidden

#1 Apr 3, 2012
If France make higher the taxes, then the rich humans and companies will go out from France.

EU need common tax-system, common economy, and need to become common country.
ronan

UK

#2 Apr 3, 2012
Yeah, the big socialist dream: make everyone poor and dependant of the state.

The Euro bigots in Brussels are half-way there!

Since: Mar 12

Location hidden

#3 Apr 3, 2012
neobyzantine wrote:
If France make higher the taxes, then the rich humans and companies will go out from France.
EU need common tax-system, common economy, and need to become common country.
They could give a tax incentive back to companies that create and keep jobs in France. If rich people can still stay employed in France then maybe they will stay as well and still spend euros there. Besides it is "France" you are talking about and it is still a very fashionable country to reside in. I would be very surprised if it lost that appeal.

Don't be so ready to tie everyone to the common euro-community train - countries are already rightly scared that they won't be able to recover from a bad train wreck.
Alexandre

Keratsíni, Greece

#4 Apr 4, 2012
ronan wrote:
Yeah, the big socialist dream: make everyone poor and dependant of the state.
The Euro bigots in Brussels are half-way there!
France's GDP is higher than the UK's Ronan

you are a capitalistic crrapphole!
ronan

UK

#5 Apr 4, 2012
Alexandre wrote:
<quoted text>
France's GDP is higher than the UK's Ronan
you are a capitalistic crrapphole!
Right now maybe, but I know where I prefer to live and which country is better for business!
British Expat

Villeveyrac, France

#6 Apr 4, 2012
Hmmm. I remember what helped to restart the UK economy after WW11. Income tax at 98% for the rich. My father paid it without complaint.

But! That was then. Pure, selfish greed now rules. OK!
Faith

New Baltimore, MI

#7 Apr 4, 2012
British Expat wrote:
Hmmm. I remember what helped to restart the UK economy after WW11. Income tax at 98% for the rich. My father paid it without complaint.
But! That was then. Pure, selfish greed now rules. OK!
Cyril, you should spend some of the time left to join the living and participate in the world. That whole socialism thing is yesterday's news. It didn't work. Human beings are far to selfish and venal. Buy some stock in an oil company. They mail you checks.
British Expat

Villeveyrac, France

#8 Apr 4, 2012
Faith wrote:
<quoted text>Cyril, you should spend some of the time left to join the living and participate in the world. That whole socialism thing is yesterday's news. It didn't work. Human beings are far to selfish and venal. Buy some stock in an oil company. They mail you checks.
http://www.youtube.com/watch?v =ONXpaBQnBvEXX
Got stock my love and pay taxes. Not all humans are totally rotten though. That sounds like an American idea!! LOL
ronan

UK

#9 Apr 4, 2012
British Expat wrote:
Hmmm. I remember what helped to restart the UK economy after WW11. Income tax at 98% for the rich. My father paid it without complaint.
But! That was then. Pure, selfish greed now rules. OK!
Clement Attlee was one of the worst prime ministers Britain ever had. Under the principle that you can give something for nothing, he introduced the welfare state and sent half of the population in a state of dependency.
He punished the thrifty and the ingenious to reward the lazy and the envious. We have never fully recovered from his mistakes.

Also, I doubt the 98% percentage myself.
ronan

UK

#10 Apr 4, 2012
British Expat wrote:
<quoted text>
Got stock my love and pay taxes. Not all humans are totally rotten though. That sounds like an American idea!! LOL
There is nothing wrong in trying to keep your well-earned money, to stop it being wasted on to the undeserving.
Faith

New Baltimore, MI

#11 Apr 4, 2012
British Expat wrote:
<quoted text>
Got stock my love and pay taxes. Not all humans are totally rotten though. That sounds like an American idea!! LOL
We are the leader of the Free World. We spread democracy and love.
British Expat

Villeveyrac, France

#12 Apr 4, 2012
ronan wrote:
<quoted text>
Clement Attlee was one of the worst prime ministers Britain ever had. Under the principle that you can give something for nothing, he introduced the welfare state and sent half of the population in a state of dependency.
He punished the thrifty and the ingenious to reward the lazy and the envious. We have never fully recovered from his mistakes.
Also, I doubt the 98% percentage myself.
Look it up!!!!!!!
British Expat

Villeveyrac, France

#13 Apr 4, 2012
ronan wrote:
<quoted text>
There is nothing wrong in trying to keep your well-earned money, to stop it being wasted on to the undeserving.
Who are the undeserving? The 99%? Nah, you're not of the 1%. I reckon you could be one of the "nouveau riche".
ronan

UK

#14 Apr 4, 2012
British Expat wrote:
<quoted text>
Who are the undeserving? The 99%? Nah, you're not of the 1%. I reckon you could be one of the "nouveau riche".
Who are the undeserving you ask?

- Those who rely on welfare for a living and not on their own effort.
- Those who pretend there are no jobs when any "Johnny foreigner" who comes along can find one.
- Those who cheat on invalidity, incapacity benefits for years.
- Those who refuse to go to work and expect work to come to them.
- Those who refuse training and prefer the dole instead.
- Those who are a burden on the taxpayers and the ratepayers.

Recently here in UK, 1/3 of all those claiming long term Invalidity Benefit were found fit for work!

Our welfare is overtly generous and largely abused. Politicians don't want to do a thing about it, because it's a vote loser.

Yes, I am what you call a nouveau riche. I left school at 16 and never stopped working since (I am now 65). I didn't take holidays for many years when I was young to build up a business, often working 14 hours a day. I earned everything I got. Why should I wish to support the lazy and the parasites?
Faith

New Baltimore, MI

#15 Apr 4, 2012
ronan wrote:
<quoted text>
Who are the undeserving you ask?
- Those who rely on welfare for a living and not on their own effort.
- Those who pretend there are no jobs when any "Johnny foreigner" who comes along can find one.
- Those who cheat on invalidity, incapacity benefits for years.
- Those who refuse to go to work and expect work to come to them.
- Those who refuse training and prefer the dole instead.
- Those who are a burden on the taxpayers and the ratepayers.
Recently here in UK, 1/3 of all those claiming long term Invalidity Benefit were found fit for work!
Our welfare is overtly generous and largely abused. Politicians don't want to do a thing about it, because it's a vote loser.
Yes, I am what you call a nouveau riche. I left school at 16 and never stopped working since (I am now 65). I didn't take holidays for many years when I was young to build up a business, often working 14 hours a day. I earned everything I got. Why should I wish to support the lazy and the parasites?
Gee, Ronan, how very American of you...
British Expat

Villeveyrac, France

#16 Apr 4, 2012
ronan wrote:
<quoted text>
Who are the undeserving you ask?
- Those who rely on welfare for a living and not on their own effort.
- Those who pretend there are no jobs when any "Johnny foreigner" who comes along can find one.
- Those who cheat on invalidity, incapacity benefits for years.
- Those who refuse to go to work and expect work to come to them.
- Those who refuse training and prefer the dole instead.
- Those who are a burden on the taxpayers and the ratepayers.
Recently here in UK, 1/3 of all those claiming long term Invalidity Benefit were found fit for work!
Our welfare is overtly generous and largely abused. Politicians don't want to do a thing about it, because it's a vote loser.
Yes, I am what you call a nouveau riche. I left school at 16 and never stopped working since (I am now 65). I didn't take holidays for many years when I was young to build up a business, often working 14 hours a day. I earned everything I got. Why should I wish to support the lazy and the parasites?
65 eh. Well I hope you're not worn out and have a good healthy life past 80, comme moi.

ps. My grandfather snuffed it aged 97 and still working!!!!
Alexandre

Keratsíni, Greece

#17 Apr 4, 2012
British Expat wrote:
<quoted text>
65 eh. Well I hope you're not worn out and have a good healthy life past 80, comme moi.
ps. My grandfather snuffed it aged 97 and still working!!!!
Ronan lives in a myth. That is, he believes that just because you lower taxes (which surely benefits him), the economy becomes prosperous. Well, I can give many counter examples. The UK has a lower GDP AND GDP per capita than France. Actually for most of its history and especially during the Thatcher years, the UK GDP per capita was lower than France. Germany also has developed welfare programs and the Germans work less than anybody else in Europe.

So this is totally bullccrrap. Thatcher's economic policy had very mixed results. The real reason why she got reelected was the Falkland Islands war, she was seen as a "tough" lady but when it came to UK's economy all she did is break and export all the industry in the UK and turn the UK's economy to finance and real estate. As a result, the UK is far less industrialised today than France or Germany. And the financial crisis had a disastrous effect on London.

It is a fallacy that not taxing the rich helps the economy. I think even the populace now realises it is a great lie. Most respected economists, Nobel Prize winners even, agree that rich people's money utilisation is very small. Therefore their money doesnt create jobs. It rather creates volatility in the financial markets.

What creates jobs is education, R&D, and government programs that can actually help generate innovation. Look how Bill Clinton's investments in information superhighways led to the internet boom in the 1990s (the internet being previoulsy a government military network). Supporting and protecting your industry is not a bad thing, the Japs do it all the time (Japan is a very protectionist country) and they have a very developed industry.

So this Thatcherism, this economic liberalism from the UK, you can shove it up where the sun doesnt shine. Thatcher was an old witch, a blood drinker. Besides you have no right to open your mouth when your economy is way more indebted than ours and when your GDP is lower!!!!!

And I have lived in the UK. Its not a rich country. It sure as hell cannot be a model. I much prefer to live in France or Germany. People live way better in France, thats why the Brits as soon as they make money want to get the hell out and move to France or elsewhere.

~A~
leon

Shanghai, China

#18 Apr 9, 2012
Alexander, you still at it.
I m freightned by thoses socialists. When i was young in the 80th Miterand was in power. The unemployment was so high. So many companies got bankrut at that time. Th ecompanies owner were seen as blood sucker and had to pay the social taxes. like the labour had a salary or 5000 francs and the boss had to pay 4000 taxes to the government. That was something new. The labour cost was too high. Many company bankroupted in my countryside at Miterrand time.
.
All those 78 years old men who lie in an hospital three months a year and cost 20000 euros just to live two year more as vegetables. Those young people who don't fight enough because they know they can have the welfares. This make people lazzy too much help.
Alexandre

Keratsíni, Greece

#20 Apr 10, 2012
leon wrote:
Alexander, you still at it.
I m freightned by thoses socialists. When i was young in the 80th Miterand was in power. The unemployment was so high. So many companies got bankrut at that time. Th ecompanies owner were seen as blood sucker and had to pay the social taxes. like the labour had a salary or 5000 francs and the boss had to pay 4000 taxes to the government. That was something new. The labour cost was too high. Many company bankroupted in my countryside at Miterrand time.
.
All those 78 years old men who lie in an hospital three months a year and cost 20000 euros just to live two year more as vegetables. Those young people who don't fight enough because they know they can have the welfares. This make people lazzy too much help.
Leon, I agree with you, I hate the socialists too and especially Mitterrand. He was arrogant but in reality he was a coward and a collabo, and when he eventually became President, he totally destroyed the French economy.

Hollande is also planning to bring in Communists in his party (Melanchon) like Mitterrand did. We should also send him a hoookker to his bedroom and then handcuff him like the criminal that he is.

THis a real outrage!!!!!

But... to say that Thatcher was great is also an outrage and totally untrue. Thatcher actually destoyed the UK's industry with her liberal economic model that she followed blindly!! As a result, today the UK is a desolate country with a lower GDP per capita than France or Germany, a huge debt burden and trade deficit. Thatcher destroyed the middle class. The UK is an economy centered on real estate and finance and services, a "paper economy".

YOu cant follow an ideology blindly like it is God's word. You have to be pragmatic, protect your industry whenever you can, spur growth and innovation with government subsidies if need be, keep taxes low, but tax and chase the super rich who contribute nothing to your economy. Well what I am describing here is the German model, a model that soon all of Europe will follow.

~A~
many poor

Finland

#22 Apr 10, 2012
we want citizenship basic income now

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 2
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Nicolas Sarkozy Discussions

Title Updated Last By Comments
France's new Socialist govt cuts members' salaries (May '12) Wed Swedenforever 11
Sarkozy overheard telling Obama Netanyahu's a liar (Nov '11) Oct 27 Grau 187
Sarkozy challenger Hollande seen as soft, unifying (Oct '11) Oct 25 Swedenforever 9
Private finances get new public scrutiny in France (Apr '13) Oct 23 Swedenforever 5
French Socialists to choose presidential candidate (Oct '11) Oct 23 Swedenforever 155
Sarkozy pledges "friendship" to Netanyahu after... (Nov '11) Oct 20 Bee Eff Dee 5
French strikes cause travel chaos as public sup... (Oct '10) Oct 16 Pascal Caillette 2

Nicolas Sarkozy People Search

Addresses and phone numbers for FREE