Fox News - French citizens, those whose income is over one million euros, or just over one and a quarter million dollars, will soon be taxed at a rate of 75 percent. Many economists have said the rich tax will not do much to boost depressed state coffers because only 3,000 of France's 66 million citizens make over a million (euros), and that the move is just symbolic. In fact, the tax hike was the campaign promise many believe won the election for President Francois Hollande who has said he doesn't like the rich.
What in the hell is going on over in France? That is insane...And regardless if you agree with his fiscal policy, you have to respect Francois Hollande, just straight up says he doesn't like the rich, gets elected, and then follows through with his plan to basically take all their money away. Ruthless.
He's not going around talking about hope, talking about building a better future, talking about economy building. He just doesn't like the rich and has set his mind to do something about it. Brilliant.
PS: Those 3,000 people in France bringing in over a million a year...proof that any idiot can become a millionaire with a little luck. I mean what the hell are you guys still doing there? Why is there a single person in that tax bracket still in the country?
