I’ve never understood very well why capital gains should be treated differently myself, not that I’m in favor on income taxes generally.
The rest of Euope is wooing all of these disgruntled businesses. France will dry up overnight.
I think businesses in France should simply go on strike. Shut their doors for a few days.
reign:
1. Exercise of sovereign power, as by a monarch.
2. The period during which a monarch rules.
3. Dominance or widespread influence: the reign of reason.
intr.v.
reigned, reign·ing, reigns
1. To exercise sovereign power.
2. To hold the title of monarch, but with limited authority.
3. To be predominant or prevalent: "Panic reigned as the fire spread."
rein:
1. A long narrow leather strap attached to each end of the bit of a bridle and used by a rider or driver to control a horse or other animal. Often used in the plural.
2. A means of restraint, check, or guidance.
3. A means or an instrument by which power is exercised. Often used in the plural: the reins of government.
v. reined, rein·ing, reins
v.tr.
1. To check or hold back by or as if by the use of reins. Often with in, back, or up.
2. To restrain or control.
v.intr.
To control a horse, for example, with reins.
Regards,
H/T SeekandFind for the Post; Sunken Civ for the Ping
This will pose an even more serious problem for French society in the future, as well as the economy.
These “pigeons” as they are called, the fledgeling intrepreneurs, artists, inventors and creators have been the creative “juice” in French culture an economy for quite awhile
While we often like to joke about the French, they have been incredibly creative in technology, fashion, tourism, museums, aviation, and cultural life. These pigeons want to work, create, innovate, and start up businesses. If the socialist government creates an inhospitable atmosphere, they will go elsewhere.
They are young, talented, and not stupid enough to allow 65% of their efforts to be confiscated.
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I actually agree with this. Money earned from real work should be taxed at a lower rate than income not tied to the sweat of the brow. Let's encourage innovation, not golfing.