90 seconds at 9 am:French Tobin Tax (news with Bernard Hickey)
Sarkozy says France To have 0.1%Financial Transactions Tax On Bonds, Stocks, Derivatives From August to raise 1 bln euros Sales tax hike, payroll tax hikes ...
SBS News - Greece protests, Obama pushes tax hikes, France denies arms deals,
Greek Parliament backs new wave of austerity, Obama says Republicans should accept tax hikes, France denies delivery of arms to Libyan rebels, turtle ...
France:Truckers disrupt traffic in green tax revolt
Truckers have been disrupting traffic on major roads across France to demand that a planned green... euronews, the most watched news channel in Europe ...
French Government Faces Tax Revolt - French Press
France's government faces a revolt over taxes after violent clashes in Brittany. Meanwhile, conservative heavyweight Alain Juppé suggests he may make a ...
AROUND 250 IRANIAN CONTAMINATED WITH HIV BY BLOOD IMPORTED FROM FRANCE,
FUCK FRANCE GOVERNMENT ,FRANCE GOVERNMENT HAVE TO PAY FOR IT. FRANCE
GOVERNMENT YOU ARE REALLY MOTHER FUCKERS
FUCK FRENCH GOVERNMENT ,IT MUST STOP EATING ISRAELI SHIT,,ALL WORLD ARE
HATE NETANYAHU,,GERMANY IS READY TO FUCK ISRAEL VERY SOON
Chinese tourists splurge on French tax-free luxury: study
NEWS - Chinese tourists to France increased their spending massively on tax-free luxury goods last year despite the economic crisis, overtaking cash-strapped ...
China is growing so fast. It's taking over the world. I know more and more
investors start to learn Chinese, like the legendary investor Jim Rogers.
He wants his children to speak fluent Chinese. He said that the future is
in Asia, especially in China. He also said that 21st century is the century
of China whether you like it or not.
This goes to show you where the real economic growth is, and if you didn't
get the hint its Asia. China being the biggest because of its growing
middle class. China consumers now have the most disposable incomes in a
generation. CNN and CNBC won't tell you that.
Gerard, vous etes un fils de put! Payer comme un normal person! Petite bebe!
Gerard, pay your taxes you son of a whore! Pay like a normal person does!
Little baby!
winging motherfucker has millions how much money do these people need tax
rates are not that high.
France Stays Firm On Soccer Tax
French soccer clubs say they will go ahead with match strike after French government refuses to exempt clubs from 75 percent tax on salaries over one million ...
Bernard Arnault threatens to leave France over 75% Wealth Tax
French President Francois Hollande proposed a ludicrous 75 percent tax on those who are earning more the 1 million euros a year. In response Europe's ...
this will drive inversors away, and wealthy business men it will also
drive away people with talent and potential, because it creates a negative
environment for people with high business objectives and potential. Wealthy
French citizens will leave the counrty, and the less fortunate are the ones
that will suffer. With less business activity the French economy will
suffer, there will be less jobs, less disposable income to spend and
therefore a decrease in economic growth and the quality of life
Um, you have provided exactly zero sources for any of your claims, so why
don't you pony up or shut up. But if you're interested in becoming better
educated on the subject, look up a little something called the Laffer Curve
and see how the modification of behavior on the part of the so-called
wealthy basically invalidated the notion of higher marginal rates
increasing revenues. Furthermore, you are dismissing the fact that WW2
decimated most of America's trade rivals for several years. Jackass.
As to France's social programs, I could write an essay regarding how
stupidly short-sighted their health care system is and how their
irresponsible participation in the inflation of the Euro with Germany has
aggravated the economic distortions resulting in no revenues to pay the
care workers who are needed for in-home care. But frankly, given your
obstinate yammering about topics you clearly know nothing about, just
suffice to say that France is digging it's own grave, as is almost everyone.
Wrong again. First the rich would never go to Mexico, that place is to
dangerous for their pampered lives. Second, Canada has a higher tax rate
than the U.S. ( I can't believe you made that idiotic statement).
Furthermore, saying that the rich would leave a country because of high
taxes is stupid, why are there rich people in Sweden? Trickle down theory
has never been proven, in fact it caused the collapse. The middle class is
what creates revenue. Sweden is socialist, they're doing great.
"Wrong again." Ahk, spare me of you stupidity. Tell me, do you know where
Jesse Venture just moved to? You dont know things shut up and learn to ask
as any other human being. To simply assume things out of the blue because
you contradicted yourself is embarassing - for you! 8D In Sweden people pay
about 25% taxes. And in the whole of scandinavia runs on the loophole
systems. Here companies like Coca Cola dont pay taxes. (because they
generate jobs). See how it works? Have a nice day.
Nope, I mean like EVERY SINGLE COUNTRY labeled Scandinavian you moron.
Denmark, Sweden, Norway and Finland ALL cut their top rates. They did it to
varying degrees, but they all did it. Read Alan Reynolds' piece before
making an ass of yourself. P.S. - Iceland's collapse can be attributed to a
number of factors, including really bad fiscal and monetary policy not
necessarily related to income taxes. Furthermore, Hong Kong should be in
economic ruin right now per your argument.
(cont.) Just as a general note, all of these Scandinavian countries that
you love so much and claim as bastions of your ideal socialist state cut
the top rates of their respective income taxes between 1979 and 2002 as
noted by Alan Reynolds. The reason why these socialist countries did this
is primarily because they took note of prosperity occuring in other
countries that had accepted at least some of the supply-side model. Hell,
Karl Marx had a supply-side view of economics.
Considering that I was taught the Laffer Curve in my economics courses and
that notable figures like Krugman and Keynes (people who have influenced
your source material) have referred to it or parallel concepts dealing with
the relationship between revenue and tax rates, I must again call B.S.
here. Any economic model is subject to criticism and suppression by
ideologues posing as teachers, that speaks little to nothing regarding its
relevance or accuracy on a given issue.
Did you just call me brown? Well now we can see what kind of person you
are. I digress, yes me being hispanic gives me more knowledge about the
hispanic community than any other race. Just like the Japanese now more
about Japan than westerners, Europeans know more about europe than
Americans, etc. What empirical data have you provided bout mexico? Would
you agree that spending 1 year Afghanistan is more dangerous than 2 months?
And you do agree that Mexico is dangerous?
"And the top tax rate is 35%, with dozens of loopholes for the rich to pay
little to no taxes." Of course, or the rich would just leave for Canada or
Mexico. You dont seem to get that it is the rich that generates the wealth,
not the government. If you choke the wealthy the economy stalls. What the
french president just did will only create loopholes on the french legal
system. As it did anywhere this socialist feat was tried. That will only
prevent the new money makers.
Yes I did you little cry-baby, it's an accurate description of the Latino
complexion and a fitting retort to the idiotic argument you just threw at
me which I normally hear from punks affiliated with La Raza. Apart from
this vague concept of time differentials, you haven't argued a single point
empirically and have fallen back on a miniscule singular source for a
series of superfluous arguments. I'm clearly wasting my time here, so Hasta
Luego mi pequeña mente amigo.
1. Does the concept of a white hispanic blow your narrow-minded far-righted
mind? 2. I love how you argue: (1) I make a point (2) You disagree with my
point saying that it contradicts empirical data that you say have presented
(3) I ask for said empirical data (4) you provide noting, then
hypocritically insult me for not using any. Then you associate me with La
Raza. What university did you go to? I'd never send my kids there. 3. Your
spanish is terrible.
As a hispanic, I laugh at this idiotic claim. Mexico in its entirety is
consumed by the power of the drug cartels. The last decade has been one of
the bloodiest decades in mexican history, and Calderon will be remembered
as the president of bloodshed. Oh and a vacation home that you live in for
a couple of months a year, does not constitute as permanent residency. Once
you actually live there for a long time, you're in trouble
I love all the comments below me not acknowledging the fact that the U.S.
had 90% income tax on the rich in the 1950's, which was the most prosperous
tim in American history. Unlike other leaders across the world (specially
the U.S.) France has a plan for paying for its social programs. The only
reason people defend the rich, is because they to believe that one day they
will be rich. However that utterly ridiculous that is.
So you're status as a brown person somehow makes you wiser on a subject in
contrast to empirical data? So in addition to being stupid, apparently
you're also a racist, thank you for informing me on that point.
Furthermore, I'm calling bullshit on your claims that all of Mexico is a
war torn nightmare, spending a month or 2 in such a place is plenty
dangerous whether it is in Mexico or Serbia.
You've literally spent the last 15 posts telling me that you're right and
I'm wrong, and now you're hiding behind this notion that economic models
are not to be treated as facts? And then you make some dubious appeal to
authority to justify all this nonsense with a reference to a unnamed "top
university". Seriously, this conversation is over, go back to debate class
and work on the basics.
I've had this jackass blocked from my channel for several months because he
was spamming up my videos something fierce. This guy is a machine and he'll
filibuster you to death. He's one of these types who got a free ride at a
college based on a racial quota and he'll talk your ear off about how smart
he is and why the B.S. his ideologue professors filled his mind with is
sacrosanct.
The election of this present tyrant is about as dumb of a decision as the
one the people of France made when they crowned Napoleon Bonaparte emperor
and plunged Europe into chaos. It was bad enough when they gave power to a
corrupt corporatist like Sarkozy, but they literally replaced him with the
worst kind of ideologue possible. And here I thought Bush and Obama were
bad. *Ugh*
Not to mention unless the rich have all their money in cash under their
bed, they create more wealth for everyone. They either invest it in
businesses that hire people and offer goods and services. Or they put it in
the bank so that people can get bank loands. And with bank loans the
additional wealth created isn't just equal to the loan amount because the
money multiplier.
.... what, WHAT? This is by far the greatest lie I've ever read on the
internet. This NEVER happened. Those taxes and controls were implemented on
microsoft. Bill Gates is a huge supporter of the Buffet rule, which is for
the increase of taxes for millionaires and billionaires. I don't understand
why but most importantly how you came up with such a ridiculous story.
You do realize that absolutely no one paid 90% income taxes during that
period because of all the loopholes, right? Do some more in depth study
before making asinine comments pleased. P.S. - If France really wants to
pay for all its social programs, it should start by eliminating all the
100% unnecessary ones, which would probably account for more than 50% of
them.
French President Francois Hollande proposed a ludicrous 75 percent tax on those who are earning more the 1 million euros a year. In response Europe's ...
so your angry with the unemployed during a recession because they don't pay
tax? Also many big buissnesses didn't fall and research in ublications such
as the economist shows that the very top percentage of the the worlds
wealthiest are getting wealthier, we are seeing a growth in the class
divide. Also recent research suggests that the world richest are activly
avoiding paying taxes, billions of dollars in taxes. even just collecting
back tax from tax dodgers would repay a chunk of the deficit.
He has friends in the opposition and did leave France back in 1981 before
coming back again and it might just be another manipulation. Also even if
he left he was still in contact with the precedent socialist government
that gave him money in the 80's to consolidate his group against the
promise to save employment in the society Broussac but he ended up selling
it. in 1987 Brussels required that society to give back a few pennies from
Broussac but nothing from Bernard Arnault himself even from
Exactly, to do business you also use infrastructures: roads, rails,
communication networks, airports and other services that you didn't build.
Although you may like to have a cheap labor force to work for you, like
slaves if possible (hundreds of millions of those in poor countries) BUT
you also need people with the ability to BUY the products you make, that's
why wealthy people should not necessarily be so antagonist to governments
that try to redistribute money in a less injust proportion.
if i made a company by my own hands, my ideas, my effort, my time then its
my money... im sorry but your bullshit doesn't wash with me. Sure he could
and probably does give back but if all you want is a handout you'll never
make anything of yourself ( like most people )... And yes if the community
supports mee or him for that matter they'd get small amounts of cash once
in a blue oon to help them out, rather then just being another expense...
Life ain't easy, working hard makes it easier.
My ancestors were dry poor... And they managed to leave Europe to have a
better life. (and for me too have a better life too) and why are you
talking about plane tickets here? when you want to do something, plane
tickets wont stop you from doing it. Talking of Ethiopians, there is a good
size group of Ethiopians immigrants living in the middle east right now...
In Israel, for example. When people really want to leave, plane tickets
wont stop them. And stop being so sorry for the poor.
They are not 1000x more intelligent, why gain 1000x the wage? I don't, they
just get lucky and abuse the luck. I don't watch TV and only watch films
for the entertainment, documentaries are where I want to see where to
think. I don't follow Marx, it doesn't focus on personal ideals. The
Founding Founders were very leftist, not libertarians you idiot. They were
humanists, Jefferson and Franklin were humanists, Adams was the capitalist
and created it, Washington was Protestant. Idiot.
no, its more to the point as to why you are small fry on a big pan. I never
said tis Wrong to not give petty cash donations to those who can't or
refuse to help themselfs but as a whole... if your top 1% business man you
ain't got time for that shit, your time is worth more then every single
commenters businesses combined... but i supposed that point flew over your
head and messed your hair up now didn't it ? he's a rich bastard who knows
his shit... respect him or he's a goner.
I suppose it's the american dream, but there's no more new world to conquer
on this planet, and I maintain if migrating (at least fiscally) might be
the best solution for a rich man, it will eventually be the less bad option
left to a desperate poor. But the meaning of my initial post is : I don't
care for Bernard Arnault, stop crying of injustice when you hear 75% taxes,
first this concerns just so few people while others have their owns, he was
born rich in a wealthy family,
You're acting as if even the sport is fair. Jay-Z is greedy as fuck, when
he was poor; he was creative, when he became rich stopped being creative.
Hating the team that cheated, continues to cheat, gets lucky and prevents
anyone from ever winning by buying the referee is how the game is played.
We score one point, it's considered foul. When they do it, it's called
instant victory. They get lucky, they are not 1000x more intelligent, then
why gain 1000x of what we gain? Idiot.
a lot of the debt was not accrued due to miss mangagment in the banking
sector that was aggrivated by the repercussions of the american subprime
loan crash. Money had to be spent in many places to save banks, and other
large buisnesses as well as attempt to stimulate the economy to push
through the recession. It is important to note that the top 1% meanwhile
have been getting richer and whilst this tax band is perhaps a little too
high, the rich should pay more than the rest.
No they can't leave, don't you realize poors are stuck? like
I-don't-remeber-who said : "When you're rich, you're welcomed everywhere"
Not any poor ethiopian can migrate to Belgium or Monaco ! Moving requires
money to buy plane tickets, even when you are somewhere else you still have
to buy food and rent, if you're legally moving it can still be difficult
too, if you're illegally migrating even worse, you'll probably end up with
the poorest living in this given country.
All you people that don't understand politics or economics, you should
understand that government does nothing to make money or earn money. The
only way it does that is by taking away money from all of us that earn it
(taxes). So taxing rich people ridiculous amounts of money to fix a budget
(lack of funds) that started with your mismanagement of money, is the
equivalent of robbing someone because you wasted all your money at the bar.
This is stealing no more, no less.
even from the money he won from selling it and failed to preserve jobs. Of
course, the 1986 election had changed the majority for his RPR (former UMP)
= his friends. So now they're making some cinema again but don't pity him
for being too much taxes, he also happened to get some of his money from
the state = our taxes. So, if nobody cares the hard situation of
hard-working honest people with modest income, why make so much noise for
someone who is not to care about.
Nope. I am an US citizen. Just like France, despite all the craziness of
the French government. And I have different channels for different hobbies.
This one is dedicated almost 100% to shooting, mainly because I started it
as a project with my nephews. And shooting pests is a necessary part of
farming. Happens all over the world, but that doesn't answer my question.
How much of my money do you think you have the right to? Let me help you
out. Not a damn penny.
No one person builds a company by their own hands. They started it sure but
they owe their success in part to themselves and to thousands or to
millions of others! It's ludicrous to jump to this idiotic idea that it's
their money, that they made, they keep it! They are not average people like
you and I making a so so living! How many people are rich and can afford to
be taxed out the ass raise your hands!? WHY DON'T YOU THINK ABOUT THINGS IN
YOUR OWN INTEREST?
How do you know they are not more intelligent? You assume every rich person
is a trust fund baby, though you've probably just got that impression from
watching too many TV Shows and movies mistaking that for real life.
Nevertheless, everything you're saying is straight out of a Saul Alinsky
textbook and very similar to Marx. No lie. If everyone believed the
retarded anemic socialism you preach America wouldn't be here in the first
place ya dumb virgin cunt.
So, while the businesses of multi-millionaires were crashing and burning
they were supposedly getting richer? You could argue that banks that got
bailouts did, but after all how many banks did get bailouts? What does that
equate to....like 5 or 6 rich bank owners? Plus, the rich give the largest
contributions to the government through taxes, while half these people
protesting don't even have jobs, giving $0 dollars to the system. Who are
they to talk??
I'm not unemployed but I have a job payed the minimum wage, OK?
~1000€/month. My rent is 700+€, that's 70% of my salary, of course it's
fair that I'm not taxed on my income ! (I pay a bunch of other more injust
than income-based taxes to reassure you) I let the rich bich that owns
several appartments in my buildings and does nothing else pay taxes with
the money I give her at great sacrifice each month and I don't care if it's
75% !
That's a key to understand this affair (the eventual departure of Bernard
Arnault itself, as well as the battle of words and declarations that
follows). Also it's worth mentionning that it's not the first time he
fiscally leaves France (before coming back), maybe to give his friends in
the opposition a pretext to criticize the government, like he did in 1981
after the socialist Francois Mitterand last won the presidency.
Only people that envy the rich hate them. The American dream is to start
poor and die wealthy, why deny this? Even Jay-Z came out against Occupy
Wall Street and all this "1%" shit, saying that demonizing the rich is
un-American. Hating the rich is like losing a sport and hating the other
team for beating you, everybody wants to win, don't hate the winners, hate
the game.
It looks like more of a tax on British expatriates, who have retired to
France and now own large chunks of it. Ambitious French leave the country
at the age of 18 to get a proper degree that the world respect, or a
masters degree later if they are cautious. No doubts the farmers will end
up not paying a penny after blocking the roads!
It has been proven that successful people are not more intelligent than
average. Maybe the poorest also are not less intelligent than average. From
my own experience too, it's not hard work that makes you rich, as I know so
many very hard working people struggling for a living don't get rich while
others got all they have from birth.