Post Tagged with: "France"

French Stick it to the Rich…and Watch Them Leave

French Stick it to the Rich…and Watch Them Leave

British Prime Minister David Cameron caused an international stir last month when he addressed France’s new €7.2 billion tax hike program — a 75 percent “super tax” on annual earnings above €1 million. French snootiness, anger and vindictiveness aside, the fact remains that a sizeable portion of the nation’s assets will soon be headed to England (and Ireland, Monaco, Switzerland, etc.) whether Hollande and his socialist allies like it or not — and whether Cameron rolls out the red carpet or not.

Read more ›