French Socialists Approve 75% Tax Rate for High Earners

how about you move to north korea. you would fit right in there.
but you wont do that, because there is no money there to steal.

your last post really made no sense.
and you didn't even answer my question??????????

Originally posted by bjax9er
how about you move to north korea. you would fit right in there.
but you wont do that, because there is no money there to steal.

your last post really made no sense.
and you didn't even answer my question??????????

Why would I want to move to north korea? Not that it is as horrible as the media makes it out to be either.

I am not a communist and never did I say I was. You are grasping for straws because you want to make a case for no or little taxes AT ALL COSTS!

And why should I answer a question that was never asked properly in the first place? I have discussed the illuminati, zionism, bilderbergers, etc sooooo many times that it gets tiring having to repeat myself. The yuppies are the ones that protect the satanic scum of this earth. Do you comprehend?

reply to post by BobbyTarass


Listen Mr Tarass,
Almost all the posts here are looking at this situation in France as a chance for a redistribution of someone's else's wealth.
Whether it's at 25% or 75% doesn't matter because salivation is salivation.

Forget about economics because common sense should tell anyone that this may happen for a few years but at some point, the rich will eventually get tired of oui oui taxation, say the heck with it and leave the country for good.

What happens next?

Liberals are so simple minded that they never seem, or refuse, to analyze the potential ramifications of such decisions.
Just like when it comes to raising the minimum wage.
Yes, in theory, one can make immediate calculations to determine the amount of their new earnings if the minimum wage was raised, but they never seem to realize that it won't be that easy because the reality is employers will readjust by making their own calculations and cut hours, if not jobs, accordingly.

This thing in France is happening for a reason, to cripple the country and intentionally turn it into a poverty stricken nation. Once everyone is poor they will be easier to complete the conversion to Islam.
After all, everyone knows Islam is the religion that takes advantage of the poor.

reply to post by EarthCitizen07


of course you wouldn't move to n. korea.
sorry if i asked to many questions at once, so i'll ask again.

who are the tyrants that created the central banks?

Ok, so France:

Who is now going to invest in your businesses? In growing your economy? The ability of those with capital and a demonstrable good eye for new investments, now have a drastically decreased pool of both incentive AND money with which to invest. How will this affect employment?

Sure, public employment will go up, but the private economy is sure to take a massive blow from this, and you will all either work for, or be dependant on, the government.

Originally posted by Alxandro
reply to post by BobbyTarass

 

Listen Mr Tarass,
Almost all the posts here are looking at this situation in France as a chance for a redistribution of someone's else's wealth.
Whether it's at 25% or 75% doesn't matter because salivation is salivation.

actually it matter quite a bit. 25 is too low and 75 is pure imbecilism.

Forget about economics because common sense should tell anyone that this may happen for a few years but at some point, the rich will eventually get tired of oui oui taxation, say the heck with it and leave the country for good.

What happens next?

they go to monte carlo?

Liberals are so simple minded that they never seem, or refuse, to analyze the potential ramifications of such decisions.
Just like when it comes to raising the minimum wage.
Yes, in theory, one can make immediate calculations to determine the amount of their new earnings if the minimum wage was raised, but they never seem to realize that it won't be that easy because the reality is employers will readjust by making their own calculations and cut hours, if not jobs, accordingly.

This thing in France is happening for a reason, to cripple the country and intentionally turn it into a poverty stricken nation. Once everyone is poor they will be easier to complete the conversion to Islam.
After all, everyone knows Islam is the religion that takes advantage of the poor.

so you have figured it all out it seems. splendid job! do you want a promotion or demotion?

This thread highlights why economics is not taught is school. Most of the posters here believe "wealth" is a pie, and if someone gets a larger cut, then someone somewhere must have lost something. Which is ridiculous.

Economic growth means to make a larger pie. It is the entrepreneurial class that grows the economy. And that group of people are prodigious earners, since they need a surplus of income in order to invest in innovation.

Just take a look at something like the i-phone. That was a massive project, and a massive gamble, even when done by one of the larger corporations on the planet. And the product has already made billions for the company. Are you "poor" because you bought an i-phone? Of course not, your life is enriched every day by the product that delivers so many of the features you take for granted.

Are the owners of apple stock "evil" because they got rich on a risk that paid off? Are they undeserving? If they had been wrong about the company, they could have lost every penny they invested. In other words, they took a huge corporate risk, and went "all in." Should they be "punished" for "ripping off the public?"

They created a whole new profession, 'apps author.' And created stores and jobs worldwide with their product, that created even more jobs when their competitors at android had to hire engineers to play catch-up. Which in turn has generated even more apps, and cut costs to stay competitive.

Should the stock-owners be "punished," because they had the vision to see the possibility? They took a huge risk, and it paid off, so now they're a bunch of "greedy vultures."

I know some apple investors. Some of them did without other purchases in order to save up their money and buy stock in companies like that. They didn't spend their money on booze or cable TV---they bought shares in a company. And all you socialists view them as criminals, because they scrimped and saved and gambled-
--and won.

Originally posted by bjax9er
reply to post by EarthCitizen07

 

of course you wouldn't move to n. korea.
sorry if i asked to many questions at once, so i'll ask again.

who are the tyrants that created the central banks?

edit on 5-7-2012 by bjax9er because: grammer

the knight templars who promote mainstream religious misinformation, the industrial revolutionists who have had time to accumulate wealth, the wall street yuppies of today, the masons who are a continuation of the knight templars of the holy crusades.

the same people who keep up the facade of the national security state. The priory of sionists who hide themselves with the zionist movement.

All connected one way or another. THE PEOPLE WHO PUSH AND INSIST WITH CAPITALISM IS FREEDOM AND THE LEFT IS TYRANICAL!

What often happens in these circumstances is that, although it seems "fair" and a good idea, you end up doing exactly the opposite, ie, less tax will be collected overall as people cannot be bothered to earn up to the tipping point rate, business /enterprises move etc

Not saying this will happen, just that it often happens

reply to post by blueorder


Thing is, if I was earning that much money I would willingly pay 75% tax on everything over £1m if it meant helping provide a NHS tp be proud of, or to maintain defence levels and even if it was going towards a fair, just and caring Benefit System.

WTF could I do with more than that?

Nice house.
Couple of cars, quite a few Lammy's.
Holiday when and where ever I want.
Few drinks here and there and a bit of whatever.
Blah, blah, blah.

Shallow?
Yeah maybe, but realistically, what else would I really need or want?

I'd like to think that we live in a bit more of a caring and understanding society and that helping others or paying your dues isn't really seen as a weakness.

The majority of people who earn that sort of money do so through the active blood and sweat of many other's who don't earn anywhere near those amounts so why shouldn't they give that little bit extra back?

I find it immoral that people are allowed to sit on vast amounts of money and do absolutely nothing, or relatively little, with it at all.

Guess some will see me as some sort of weak, pinko liberal for thinking like that.

Originally posted by beezzer

Originally posted by Stormdancer777
reply to post by FlyersFan

 

Who they gonna tax when all the rich people are gone?

You took the words right out of my mouth! Once the wealthy have all ben fleeced, the upper middle class, then the middle class, then the poor will get hit.

C'est la via!

Yea, it is all going to filter down,

The Rothschild family has been estimated to be worth upwards of USD$500 Trillion. That's more than half of the wealth of the world.

It's people like THEM that you lemmings need to be going after, not "rich" businessman and industrialists worth a couple million dollars. But go ahead and keep fighting amongst yourselves and whining about class warfare.

That's exactly what they want you to do.

According to Forbes, the super wealthy in the US pay on average 18% of their income in taxes. Mitt Romney last year, paid 13.9%. The working poor pay 15.3% of their income in payroll taxes. When taxes for the wealthy are cut, and taxes on the middle class raised, it is a direct transfer of wealth from the middle class to the wealthy. I love to hear the squealing of the pigs when their taxes are raised. Their money is the only thing they care about in this world.

Guess all the rich business people will be moving out of France.....and make no mistake, all the people on here that are claiming that they should be taxed 75% are socialists - plain and simple. I am also taking a shot in the dark that most of these people are likely on the government dime, or some brainwashed kid/young adult.




and if you ever get your idealist socialist dream, enjoy your new slave masters.

Originally posted by tovenar
Are the owners of apple stock "evil" because they got rich on a risk that paid off? Are they undeserving? If they had been wrong about the company, they could have lost every penny they invested. In other words, they took a huge corporate risk, and went "all in." Should they be "punished" for "ripping off the public?"

I'm a little confused about the "punishment" bit. How did this come about? I understand that emotions can get high in the thread like this, but seriously it's not really about punishment. If you will, it's about creation of a more harmonious society.

Look at this -- productivity of American workers has been increasing in the past 20 years, you can look up the statistics. You can also look up statistics on the increasing income gap and inequality. Using your own words, are the workers and the middle class (soon to be extinct) "evil" and do they need to be "punished"? For what? That they produce more but are short-changed when it comes to income distribution?

I understand that investment is a risky business and it must be rewarded somehow. The flip side of the coin is that the majority of trades in the market are not investment-driven, but pure speculation. This is in Chapter 1 of most books on finance. I thought you knew that. So instead of heroic people backing up R&D of things like iPhone with their hard-earned money, more often than not you have an extremely sophisticated multiplayer online universe, where the best gamer wins. How's that productive, beats me.

Originally posted by Riposte
The Rothschild family has been estimated to be worth upwards of USD$500 Trillion. That's more than half of the wealth of the world.

It's people like THEM that you lemmings need to be going after, not "rich" businessman and industrialists worth a couple million dollars. But go ahead and keep fighting amongst yourselves and whining about class warfare.

That's exactly what they want you to do.

Industrialists are worth a couple of million dollars??? FACEPALM for stupidity!

How come NO ONE is turning on the rothschild dynasty? Maybe the billionares are protecting them?

People need to learn to THINK things through much better to avoid sounding silly/retarded.

And yes I have seen the video and it outrages me to no avail. Making threats can land you in court or worst..

Originally posted by EarthCitizen07

Originally posted by Riposte
The Rothschild family has been estimated to be worth upwards of USD$500 Trillion. That's more than half of the wealth of the world.

It's people like THEM that you lemmings need to be going after, not "rich" businessman and industrialists worth a couple million dollars. But go ahead and keep fighting amongst yourselves and whining about class warfare.

That's exactly what they want you to do.

Industrialists are worth a couple of million dollars??? FACEPALM for stupidity!

How come NO ONE is turning on the rothschild dynasty? Maybe the billionares are protecting them?

People need to learn to THINK things through much better to avoid sounding silly/retarded.

And yes I have seen the video and it outrages me to no avail. Making threats can land you in court or worst..

edit on 5/7/12 by EarthCitizen07 because: (no reason given)

Just WHO exactly do you think gets the majority of the benefits from tax revenues? You think it's going to be you? You think it's going to be me?

You want the government to raise taxes so it can increase spending. But just WHO do you think will benefit from this increase spending? You think it's going to be you and me?

Nope. But Jacob Rothschild will sure appreciate it.

Go ahead and try to "tax" the billionaires. Maybe Baron Rothschild will let you have some of it if you ask him nicely. But I doubt it.

Well I read several comments and skimmed through a few pages (I don't have time to read everything right now), but from what I have noticed that there are no comments from anyone in France. I'm sure there are French ATS'ers, aren't there? I have read some valid points for both the pros and cons, but I am really curious to know what an actually French person in France thinks. Know anyone?

reply to post by Submarines


Surely you do not imply that everyone can make more than 20,000 euros/dollars? In other words, you couldn't foresee a world where everyone had "improved" their situation or "worked harder" so as to make 1,000,000 monetary units?

No, that would be impossible, because if the benchmark had then risen to 1,000,000...well, then 1,000,000 no longer would mean what it does now.

We can't sit here and pretend - on the one hand - that all it takes is a little elbow grease for the vast swath of society making poverty wages to get out of poverty while at the same time - on the other hand - those elite few who make 100s of millions are somehow just wallowing in back-breaking work.

I guess the point I'm trying to get at is that at a certain point enough is enough. Enough dollars, enough euros, enough property, enough possessions, etc.

If you can't be satisfied with 1 million euros free and clear every year, then I have to ask you, what is your lifestyle like, exactly? How is it not sustained by 1,000,000 euros/dollars each year...

...and assuming you make, 101,000,000 euros each year, how exactly does 26,000,000 euros not sustain you assuming the government will then take away the other 75 mil?

Also, follow up point: You did not make that 101,000,000 euros/dollars in a decontextualized void with only the sweat and toil of your actions...you used roads and freight systems, power grids and water supplies, hospitals, police, fire-rescue and a labor force that then needs childcare, education, healthcare, etc.

You can't seriously expect that you can use a system more extensively than anyone else and not have to pay in at a higher rate...that is what is not fair.

reply to post by EarthCitizen07


i think it clear somebody has a few loose screws.
or too many you tube videos