When it comes to taxes there is a point where they are high enough to be burdensome to those that pay it but not enough to do much about it. This is where a smart government would want to be (personally I think taxes should be as low as possible, but if I was responsible for raising revenue I would want as much as I could get).
When governments go beyond that point, bad things happen to the government.
Overspending has brought down more then one government (or nation). France has evidently forgotten it’s own history. The French Revolution was a direct result of overspending by King Louis XVI.
The laws of economics are as real as the physical laws that govern our lives. Gravity can kill you if you ignore such laws.
Overspending and over taxing a population will kill a nation.
Oh the name for a nation may continue, the people may still exist, but the things that made them great will have been sucked out of them. Look at the Roman Empire or more recent the British Empire. There are many reasons these empires collapsed (as empires) one was the over spending by their governments to provide “bread and circus” to their respective citizens.
People with wealth have options. They can move. There are still plenty of places were someone with money can move where the government is not going to rob them of their wealth.
I predict these taxes will not raise any addition money and in fact may result in a net loss of revenue flowing into France’s treasury.
BUMP! Thanks for your concise statements.
What you have just written needs to repeated frequently.
The drumbeat of the ‘Lies of the Left’ are what we hear from our sorry Federal Politicians, and the Communist Liberal Agenda Media, (CLAM), have been effective in brain-washing the majority of those who bother to vote.
Although tedious and repetitive to tell the TRUTH, unfortunately that is how humans learn to accept a new idea.
In our sorry Society a reasoned, well-made argument is rejected, and the repeated lie is accepted.
Thank you for repeating the TRUTH, complete with historical examples.
To paraphrase Nazi’s Minister of Propaganda Goebbels: “The TRUTH, repeated loudly and often, will eventually be accepted by the voters.”