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Actor Depardieu Goes Galt In France; Americans To Follow

Daddio7 Wrote: Dec 19, 2012 7:55 AM
I wish my neighbor would go Galt. He has a beautiful 1000 acre farm. I'm sure hungry people would by food from me. Remember, land and equipment wont fit in a moving van. When the most productive person leaves the next best person takes over and life goes on. The graveyards are full of indispensable men.
Barbara1247 Wrote: Dec 19, 2012 11:31 AM
If you really wanted to start farming and were capable of doing so, you would already being doing it. Instead, it appears that you want to piggyback on your neighbor's success.
Texas Chris Wrote: Dec 19, 2012 10:26 AM
When Farmer Fred leaves, he takes his initiative and knowledge with him. That was the point of Galt. Give innovators freedom, and they will create wealth.
Hamilcar Barca Wrote: Dec 19, 2012 9:38 AM
Daddio, the hungry people you speak of would also be willing to TAKE food from you. And steal your farming equipment.

Merry Christmas.

Richard1805 Wrote: Dec 19, 2012 9:34 AM
When your cost of production (if the EPA will let you produce on the land) becomes too high, it won't be so sweet. And, when you try to leave your beautiful farm to your children the 55% estate tax on it will force them to sell it. You appear to be ignorant of the difficulty of farming. In the liberal world, ignorance is truly bliss.
G. Joan Wrote: Dec 19, 2012 11:50 AM
Happy Jake Wrote: Dec 19, 2012 9:33 AM
Perhaps, but eventually, the people willing to work for a living will be gone, meaning that the people who have grown used to handouts will have nothing to take. Besides, when all the "Rich" leave or are taxed to oblivion, and the government STILL does not have enough revenue, the government will have to come down on the next category of "rich". Eventually the "rich" and the "middle class" will be indistinguishable from the "poor."
G. Joan Wrote: Dec 19, 2012 11:50 AM
jdouglas Wrote: Dec 19, 2012 2:55 PM

It turns out that not everyone who is French is a Socialist, wealth-redistributing hack. Amongst the sane is legendary French actor Gerard Depardieu, who has rejected this position not solely because of taxes but rather because France has chosen to punish "...success, creation, talent." Americans are following suit.

France's new president, Francois Hollande, and his Socialist government is imposing a 75% marginal tax rate on income over 1 million Euros, or $1.3 million. Depardieu has decided to move to neighboring Belgium, which has no personal income tax. He purchased a home in the neighboring town of Nechin. 25% of...