Parsad Posted August 23, 2011 Share Posted August 23, 2011 A group of the 16 richest people in France have signed a petition asking the government to tax them more for their country. Cheers! http://blogs.wsj.com/wealth/2011/08/23/frances-rich-say-tax-us-more/?mod=yahoo_hs Link to comment Share on other sites More sharing options...
Myth465 Posted August 23, 2011 Share Posted August 23, 2011 A group of the 16 richest people in France have signed a petition asking the government to tax them more for their country. Cheers! http://blogs.wsj.com/wealth/2011/08/23/frances-rich-say-tax-us-more/?mod=yahoo_hs Never in America lol. Link to comment Share on other sites More sharing options...
frog03 Posted August 23, 2011 Share Posted August 23, 2011 Well, it sure is not the 16 richest people in France. Mostly CEOs of large businesses, some of which are definitely not very wealthy though they are definitely well off. Link to comment Share on other sites More sharing options...
moore_capital54 Posted August 23, 2011 Share Posted August 23, 2011 I would personally rather be poor than pay a 1.80% tax per year on my net assets. That is why France "only" has 14 Billionaires. And... It "only" takes $86mm to be in the top 400 wealth holders: http://www.challenges.fr/classements/fortune/ Link to comment Share on other sites More sharing options...
libor.plus1 Posted August 23, 2011 Share Posted August 23, 2011 And here's another way of measuring wealth: http://nationranking.files.wordpress.com/2011/03/2011-qli-map1.png Link to comment Share on other sites More sharing options...
tombgrt Posted August 23, 2011 Share Posted August 23, 2011 I would personally rather be poor than pay a 1.80% tax per year on my net assets. Post of the year. Link to comment Share on other sites More sharing options...
moore_capital54 Posted August 23, 2011 Share Posted August 23, 2011 It's true! you are essentially paying the government 2/20 2% of your assets and 20% of your capital gain. The government invented "Carried Interest"!!!! Link to comment Share on other sites More sharing options...
tombgrt Posted August 24, 2011 Share Posted August 24, 2011 http://www.lemonde.fr/politique/article/2011/08/24/francois-fillon-devoile-son-plan-de-11-milliards-d-euros-de-reduction-des-deficits_1563069_823448.html#ens_id=1550914 Taxe sur les riches de 3 % à partir de 500 000 euros de revenus annuels Cette mesure à portée politique et symbolique vise à montrer que les "ménages aisés" sont mis à contribution, a commenté le premier ministre. Ces chiffres sont plutôt plus élevés que la proposition faite par Gilles Carrez, le rapporteur UMP du budget, qui proposait une taxe de 1 à 2 % à partir de 1 million d'euros. Cette mesure exceptionnelle prendra fin quand le déficit français retombera à 3 % du PIB. They just announced a 3% tax for everyone with $500,000+. :o Link to comment Share on other sites More sharing options...
moore_capital54 Posted August 24, 2011 Share Posted August 24, 2011 Great, maybe I have a chance to make that list next year lol -3% per annum over time is terrible Link to comment Share on other sites More sharing options...
tombgrt Posted August 25, 2011 Share Posted August 25, 2011 Great, maybe I have a chance to make that list next year lol -3% per annum over time is terrible I'm sorry moore, my french is a bit rusty. I reread it at it turns out that it is a 3% tax on income from work/capital gains, not total assets! ::) My mistake! Link to comment Share on other sites More sharing options...
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