By Michael F. Cannon My French is rusty, but I’m pretty sure the Fresh Prince just flipped out at the idea of a 75-percent marginal tax rate like that advocated by France’s new socialist president. Will Smith: Socialists Just Don’t Understand is a post from Cato @ Liberty - Cato Institute Blog Will Smith: Socialists Just Don’t Understand is a post from Cato @ Liberty - Cato Institute Blo
read more
Various news organizations have been reporting an exodus of the superrich from France — often buying homes in England or surrounding countries to avoid the expected 75 percent tax rate proposed by the Socialist government of Preside... Read Post
During his campaign for president, France’s Socialist President Francois Hollande famously declared “I don’t like the rich” and upon taking office hit the wealthy with a 75% tax rate — a rate that I have criticized as economically f... Read Post
For months, I have criticized the tax policies of France’s Socialist President Francois Hollande, particularly the confiscatory 75 percent tax rate for the wealthiest French. In addition to being in my view unfair, it is extremely b... Read Post