Hmmmm, so it has eaned the French about 52 billion over 20 yrs but cost them 125 billion?
Sacre Bleu!!
Bernie Sanders doesn’t understand much except one thing: MORE AND MORE GOVERNMENT. Nothing else matters to him and his Leftist friends and followers.
The French wealth tax is only levied on real property nowadays.
Bernie of course understands completely; he, like all psychopathic thugs, is just willing to lie to achieve power.
The US has the global right to tax its citizens.
US citizens can’t flee a US wealth tax.
It takes ten years to escape US taxation by giving up one’s US citizenship.
Most Governments have a stealth wealth tax. It is levied on money itself. It’s called inflation and has the added injury of pushing its victims into higher tax brackets as well.
Le Ha Ha
Bernie doesn’t care because the wealth tax is a long con. The actual goal it to raise taxes massively on everyone in exchange for so called free government services.But starting with the wealthy makes this more palatable to the envious dupes in the lower tax brackets.
I realize the article is relevant as far as taxing the rich does not achieve the goal put forth by the rulers, but the article is from 2006. What has changed since then? Have the rates gone up even further? How many more people have fled France?
For every duck Mr. Hunter bags, dozens fly off.
Do I live in a smaller house because of property taxes?
Why, yes!
But the government takes all the property tax it wants just the same.
Fine mansions in West Orange, NJ are fairly cheap. The owners rent from the school district.
Idiots like Warren and Sanders just think it’s the easiest thing in the world to slap a wealth tax on the ultra-rich. Well, guess what, a-holes... it ain’t that easy. Funny thing about the ultra-rich... they can afford to move their money and themselves.
Do you ever see CEO's of huge corporations sitting in front of Congress complaining about taxes?
Who wants to get plundered by idiots/leeches/parasites in collectives called “government”?
Socialism Is Legal Plunder - Bastiat
Duh!