Showing posts with label Taxes in GFrance chase away millionaire. Show all posts
Showing posts with label Taxes in GFrance chase away millionaire. Show all posts

Thursday, January 10, 2013

FRANCE IS ABANDONED DUE TO HIGH TAXES = WILL AMERICA LEARN FROM THAT?


Submitted by: Donald Hank

Socialism and High Taxes: Did Russia Learn Its Lesson?

By Julio Severo
Russian President Vladimir Putin giving a Russian passport to French actor Gerard Depardieu made international headlines this week.
Gerard Depardieu and Russian president
The actor is abandoning France because socialist president François Hollande plans to increase his taxes from 41 percent to 75 percent.
In Russia, there is a flat tax of only 13 percent, an unimaginably low levy for a nation that formerly was a communist power that used its citizens as mere slaves, without rights and freedom.