Thomas Humery for The International Herald Tribune
Vincent Grandil, a tax lawyer in Paris, said many of his wealthy clients were asking him if they should bother to remain in France.
From the NYT:
President François Hollande is vowing to impose a 75 percent tax on the portion of anyone’s income above a million euros ($1.24 million) a year. “Should I be preparing to leave the country?” the executive asked Mr. Grandil.The lawyer’s counsel: Wait and see. For now, at least.
“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 people pulling in 200,000 euros are wondering whether to remain in a country where making money is not considered a good thing.”
The is ALMOST the last refuge for state theft.
ReplyDeleteWhen enough of these people leave, watch how long it takes for this kind of govt to incite the populace and then SEIZE private property