[usconservative]

Well, at least France's courts still have common sense and at least some form of reverence for the law. Too bad our courts here in America don't.

[usconservative]

Finance Minister Pierre Moscovici said the rejection of the 75 percent tax and other minor measures could cut up to 500 million euros in forecast tax revenues but would not hurt efforts to slash the public deficit to below a European Union ceiling of 3 percent of economic output next year.

So "taxing the rich" was never really about cutting France's deficit - it was really about soaking the rich much like it is here in the United States!

See, France proves that simply "taxing the rich" doesn't solve the problem. They knew it when they instituted the now Un-Constitutional tax - but they did it anyway to make their own "47%" feel better.

I really wonder if any of the Sunday morning talking-head programs are going to pick up on this. Wonder if Rush will when he returns........

[AU72]

Too bad, I would have liked to have seen the results from this tax after a year, most likely collecting less money from far less millionaires.

[Crazieman]

BAHAHAHAHA

Take THAT you communist FREAKS!

Now take our guns in the USA! I dares you.

[cripplecreek]

The idiots who come up with 75% tax rates would have no problem going much further. I'm sure they would have no problem locking up the rich for their own safety and charging them the remaining 25% to pay for it.

Gold is not neccesary. I have no interest in gold. We will build a solid state, without an ounce of gold behind it. Anyone who sells above the set prices, let him be marched off to a concentration camp. That's the bastion of money.

-Adolph Hitler

[PGalt]

Can we make a trade? One of them for John Roberts and a jurist to be named later.

[GOP Poet]

bookmark

[cicero2k]

There is a tax rate which produces the optimum amount of revenue to the government.

75% is way too high. It will reduce revenue.

They know this on both sides of the Atlantic.

This is a political side show.

[The Wizard]

take our trials to France....Send obamacare to the French courts.....in fact, send obama.....

[AtlasStalled]

Of course, a U.S. court would find such a tax entirely constitutional. After the contortions in which the Supreme Court engaged to uphold the constitutionality of ObamaCare — the individual mandate was a permissible tax — the government pretty much has been given the authority to do pretty much whatever it wants in taxation.