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http://www.guardian.co.uk/world/2012/may/30/hollande-france-clamp-down-fat-cat-pay
In France not Singapore. Migrate to France?
In France not Singapore. Migrate to France?
In France not Singapore. Migrate to France?
First they cap the salary of the top pple. Meaning REAL TALENT will no longer want to work for them. 2nd they up the tax for millionaires to 75%. U think any rich person with half a brain will still want to stay in France? Guess what will happen, rich pple will move to tax havens or low tax countries like SG, reducing the French government income.
First they cap the salary of the top pple. Meaning REAL TALENT will no longer want to work for them. No wonder the bird brain managed to come up with this strategy he got all the Yahoos working for him.
2nd they up the tax for millionaires to 75%. U think any rich person with half a brain will still want to stay in France? Guess what will happen, rich pple will move to tax havens or low tax countries like SG, reducing the French government income.
Brilliant Strategy!!!
Let me try to understand this ... you're recommending emigrating to a country where your earning power is capped by decree???![]()
At least the ministers have a thought about how much they earn
It may be dumb to Sinkies but it's a price the French public are willing to pay for their sense of fairness. Sinkies shouldn't throw stones in their glass houses though. Sinkies had elected a government that pays scant regard to civil liberties because Sinkies don't give a damn about these freedoms, freedoms that those in the West had died to secure. Different cultures, different mindsets. Hua hee tio ho![]()
There is implementing it and having it actually working. Its 2 different thing. For good example, google Greece + tax evasion or Eduardo Saverin + Singapore.
U really think the rich are stupid enough to stay and see 75% of their income disappear?