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Tax Hike Indigestion in France

DavidM Wrote: Aug 09, 2012 9:49 AM
Atlas is Shrugging France. Good job on electing the left wing nutjob. Of course being an American I suppose I cannot be too harsh....

French president Francois Hollande wants to set the top tax rate in France at 75%, for those who make over €1,000,000 a year.

As a result "Les Riches" Have Tax Indigestion and are looking to move outside France.

“We’re getting a lot of calls from high earners who are asking whether they should get out of France,” said Mr. Grandil, a partner at Altexis, which specializes in tax matters for corporations and the wealthy. “Even young, dynamic...

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