Article

2005-09-26 Europe

French tax exiles get to like boring Belgium

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Posted by anonymous5089 2005-09-26 07:13|| || Front Page|| [11131 views since 2007-05-07] Top

#1 80%,sheesh!

Posted by raptor 2005-09-26 08:23|| 2005-09-26 08:23|| Front Page Top

#2 Let's see, corrupt government, muzzie immigration, low birth rates, wealth tax...what else can the frogs do to commit suicide slowly?

Posted by Spot">Spot 2005-09-26 08:36|| 2005-09-26 08:36|| Front Page Top

#3 what else can the frogs do to commit suicide slowly?

Become enemies of Americans.

Posted by abu Python 2005-09-26 08:47|| 2005-09-26 08:47|| Front Page Top

#4 Hmm, that's "quickly."

Posted by Ernest Brown 2005-09-26 09:05|| saturninretrograde.blogspot.com]">[saturninretrograde.blogspot.com] 2005-09-26 09:05|| Front Page Top

#5 Belgian jokes have fallen out of fashion lately (or perhaps it is because I no longer listen French MSM) and most of them were definitely not funny, except for this one:

"How do you sink a Belgian submarine? You knock at the door"

The Belgians are far too busy manufacturing racist jokes between Flemish and Wallonians for retaliating but they came with this one: "How do you kill a French? Shoot above the head, in his complex of superiority"

Posted by JFM">JFM 2005-09-26 10:02|| 2005-09-26 10:02|| Front Page Top

#6 âAny Frenchman who wants to make money goes to Britain or America these days,â said Claude. âIn France, it is virtually impossible to build up a fortune any more.â

And the Dims still want to raise taxes in this country. Amazing!

Posted by DragonFly 2005-09-26 10:33|| 2005-09-26 10:33|| Front Page Top

#7 Don't call it Taxation call it a success fine/punishment.

Don't call it the welfare state safety net, call it a irresponsbility reward.

Posted by Bright Pebbles 2005-09-26 12:41|| 2005-09-26 12:41|| Front Page Top

#8 I may be misreading the article, but it sounded like the tax was, in some cases, in excess of 100% of income, since there were people who supposedly were liquidating principal to keep up on their "wealth taxes".

For some reason, I thought Charles Aznavour was dead. Is there a French equivalent of the old game "Dead or Canadian"?

Posted by Mitch H.">Mitch H. 2005-09-26 13:24|| http://blogfonte.blogspot.com/]">[http://blogfonte.blogspot.com/] 2005-09-26 13:24|| Front Page Top

#9 I believe they treat capital gains as current income. Thus if your house goes up in value, you must pay tax on the increase -- and if you can't come up with the cash, you might have to sell that house to pay the tax.

Posted by lotp 2005-09-26 13:42|| 2005-09-26 13:42|| Front Page Top

#10 You're reading it right Mitch, wealth taxes just tally up your net worth and take a percentage of that every year. For those with high net worths relative to their incomes that can force annual liquidations to meet tax obligations.

Sadly such things aren't completely foreign to us here in the US. E.g., the state where my parents live still authorizes the collection of an "intangibles tax" whereby one's non-real property assets are valued annually and a percentage of the value is collected as tax.

Posted by AzCat 2005-09-26 14:04|| 2005-09-26 14:04|| Front Page Top

#11 Thank you, President Reagan.

Posted by Matt 2005-09-26 14:08|| 2005-09-26 14:08|| Front Page Top

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