[Snuph]

Go ahead raise those taxes on the evil rich.

[Gamecock]

Romney clearly coordinated this.

[Tea Party Terrorist]

If a 75% tax rate is so great, then wouldn’t a 150% tax rate be twice as good?

Think of all the good that extra revenue will do the public!

[hinckley buzzard]

The real question is, who would buy into such a market given the looming threat.

[Vince Ferrer]

Would someone please cut taxes and regulation and bring those businesses over here? Romney? Ryan? Anyone? Bueller?

[headstamp 2]

I have a friend (French) who owns a house on the Island of Corsica that he bought in the early 80’s. After which the local inhabitants tried to blow it up. But it rained and the device got wet and fizzled. LOL

He’s put it on the market because of the current idiot that was recently elected.

He worked hard all his life. Had a pastry shop in NYC before he retired.

He’s fond of ranting to me about the current socialist idiocy in Europe. He’s been a naturalized citizen here since the 1960’s. A good guy all around.

[bert]

Paris Skyline

Dubai Skyline

Paris was

[Revolting cat!]

Evidently, most of these businesses are moving to California.

[berdie]

I was curious to find where the French rich were fleeing to. After all, most of Europe is at crisis level economically.

The destinations were London, New York and Geneva. All have a high tax rate, although not 75%.

Also mentioned were Canada, Israel and Singapore. I wonder what their tax rates are.

[RayChuang88]

I think François Hollande is going to be in for a shock of a lifetime when the French national budget suffers serious financial shortfalls because all the people with the money have left the country—including the money! That could cause such a big backlash it could cause Hollande’s government to fall through a no-confidence vote in short order.

[Avid Coug]

The communists had it all figured out. If you are going to confiscate wealth, you have to pass a law making it illegal to leave the country, or send money out of the country. Without that nice little touch, it can get tricky to take everyone’s money.

[ncpatriot]

Wonder if all the Hollywood types (like Johnny Depp) will be leaving?

[Casie]

This is a land grab scam perpetrated by government officials to obtain incredible and limited properties at ridiculously reduced prices. I'm sure of it!

[trebb]

Now they’re gonna have to raise it to 85% to make up for the lost businesses....