[Lorianne]

bet he's moving

[Sarah Barracuda]

Hey rich libs, welcome to your future under Obama..oh who am I fooling, probably those rich libs who vote for Obama will get a tax exempt status and wont have to pay a dime, that is what they get for bending over and kissing Obama’s ring

[EDINVA]

With his money, residence is really, really easy to fix.

Cincinna .. French ping?

[Vince Ferrer]

If we had any brains at all we would be going after European rich people to park their money and jobs over here. Unfortunately, we just want to punish our own rich and drive them away.

[GeronL]

Poor guy will have to shack up and live impoverishly with Johnny Depp.

[Tex-Con-Man]

The lesson conservatives learn from this is reduce the tax burden. The lesson libs learn is grant the UN taxing authority so they can collect taxes from the millionaires, billionaires, gazillionaires and brazillionaires wherever they go, and finally achieve redistributive economic justice utopia. MMMM! MMMMM! MMMMM! (Before Obama, that would have been a joke.)

[Rembrandt]

If you build it, they will leave.

[Tai_Chung]

Apparently, Belgium and France have a top rate of about 40%.

The French guy is worth about $41 Billion.

He claims that becoming a Belgium has nothing to do with raising the top rate to 75% in France. I doubt many people believe him, but common sense would say it is true.

It never ceases to amaze me how liberals think that tax rates has no effect on behavior. Can you imagine an almost doubling of your tax bill?

Remember what Reagan said about the economy:

Government’s view of the economy could be summed up in a few short phrases:
If it moves, tax it.
If it keeps moving, regulate it.
And if it stops moving, subsidize it.

[James C. Bennett]

Fools taxing the productive out.

[rawhide]

Absolutely! Just across the border. Makes sense. I would do it too.

[HANG THE EXPENSE]

He will be gone as a guy can get quick.

[CaptainK]

But tax experts said obtaining Belgian citizenship would not change Arnault’s tax situation, which is determined by residence, not citizenship.

News flash to the geniuses in Paris. He's not planning to change his citizenship but remain in France. He's planning to change his citizenship and reside in Belgium to avoid having 75% of his income confiscated by French speaking parasites.

[Casie]

So whatever will they do with those amazing million dollar French villas over there that no one wants to live in anymore?

Government spa resorts for all the hard working French civil servants?

I suspect this is a scam designed to put very valuable property into the hands of wine-sipping government officials.

[SeminoleCounty]

You know your nation’s taxes are high...when rich people are fleeing to high-tax Belgium

[cunning_fish]

IMO, Belgium is not much better in terms of taxes. I think this guy is seeking to end up in Monaco. France has an agreement with Monaco to tax crap out of rich who escapes there. I think Belgium is a step to avoid it.