In a word... Duh!
When France sinks like the Titanic a new government will need to rise to establish order—I believe the salvation will be with Madam LePen and a conservative neo-fascist rule. Fewer freedoms but the nation will be saved. Fascism is like a poison pill—a drastic cure that works but like bad medicine has awful side effects. It will not be like Nazi Germany—that was Fascism on steroids—it will be more like Mussolini’s Italy or Evita Peron’s Argentina. Look to see the President of France become the Leader—and a 6th Republic formed. That’s what happens when things go south.
I would make these observations.
This tax hike has been hinted for months and most tax experts had already warned their clients to prepare. Several countries surrounding France have indicated that they’d easily accept the folks leaving. Then you have question over how many will pack up, and I’m of the mind that fifty percent of the people affected will shift money around through various accounts, and finally disappear one day....to be found the next over in Italy or Spain as a new resident. The executives of corporations? They probably will shift their headquarters over to Luxembourg or the Netherlands...then quietly move their family out in the middle of the night.
The damage done....will be noticed in about eighteen months. The tax office will admit half of the affected don’t live in France anymore. The idiots who started the mess will say for a year that it doesn’t matter, while the tax office admits that they are now missing a bit of money which has to be made up. The natural course is to now tax the next class after the super-wealthy...so they will attempt that. By the fourth year, anger and hostility will be brewing over this whole mess.
Coming soon to the U.S.
Socialist stuck on stupid!
Good the French deserve it, inasmuch as they voted for their socialist president. And the USA will deserve the consequences if Bam is coronated for another four years...or 8....or 12, as he and his cohorts due away with ehe 2 term presiddency.
It has become obvious that politicians of all stripes value getting elected over patriotism. Hollande HAS to know that this is a FOOLISH tax policy, as are his policies on retirement age, work hours, & pensions. So, his only reason for promising these things was to get elected, even if those policies are disastrous for France.
Republican gov’ts such as France, Britain, & the USA depend on the honor & patriotism of their elected leaders to exist & thrive. But our elected leaders are incredible LIARS & pursue policies transparently destructive to the country.
I'm not sure humans are morally capable of sustained democracy & the rule of law. Certainly, the Republican form of democracy is failing badly, as the ignorant masses elect & reelect liars, thieves, & sociopaths.
The Left worships death and destruction so the headline isn’t a surprise.
When we take France back from the Germans again, do we get to KEEP it?