"Eat the rich" who are fleeing tax hikes!
The DUmmies and their fellow travelers around the world are tax-devouring chowhounds with an insatiable appetite. As long as there are people in the world with more money than they themselves possess, they want to tax those b*st*rds mercilessly and spread the wealth around. "Eat the rich!" is the leftist cry.
And so a problem arises when the evil rich, tired of their unjust tax burden, pack up their bags and leave. They move to somewhere that won't tax them so onerously--to another city, to another state, to another country. And that is what is happening now in Britain and France. The socialist governments in those countries have raised the taxes so high on high-earners that some of them have had enough and are leaving. "Good riddance!" the DUmmies say. "This opens the door for the non-rich to move up. But how to get our hands on all those tax dollars that are fleeing the country?" We read about it here in this THREAD, "'The rich' are fleeing Britain and France following high tax hikes."
So let us now watch the Eurowannabe DUmmies discover that all in not well in their socialist Nirvana, in Bolshevik Red, while the commentary of your humble guest correspondent, Charles Henrickson, never ceasing to be amazed at the staggering stupidity of the Left, is in the tax [brackets]:
"The rich" are fleeing Britain and France following high tax hikes.
[What a surprise! People like to hold on to their own money. Shocking!]
French Government Denounces Wealthy Leaving Country After Imposition of 75% Tax Rate
["We take three-quarters of what people earn away from them, and they want to leave?? Sacre bleu! They should be grateful we at least leave them with the French Quarter!"]
During his campaign for president, France’s Socialist President Francois Hollande famously declared “I don’t like the rich”. . . .
[At least Frenchy is honest. Obama hides behind "We're only asking the wealthiest among us to contribute their fair share," which, being translated, means . . . "I don't like the rich" (unless they're Democrat donors).]
and upon taking office hit the wealthy with a 75% tax rate.
[It's a start.]
Now wealthy French citizens have responded predictably by moving out of France.
[Whoa! Who could have predicted that??]
The English have also seen the same decline in wealthy taxpayers after it imposed a 50% tax.
[This is Britain's finance hour.]
They are now going to reduce that tax after the departure of many wealthy Brits and David Cameron controversially pledged to “roll out the red carpet” for any French residents fleeing the massive tax hike.
[Rolling out the slightly-less-Bolshevik-Red carpet.]
In the meantime, anger at the wealthy continues to rise in France, where “eat the rich” signs are appeared. . . .
["Mangez les riches!" "Eat the rich!" Michael Moore is getting his bib on!]
[Répondez s'il vous plait, Madame et Monsieur DUmmie. . . .]
This isn't hard. Bar them from the country, period. They are tax evaders. No coming to Paris or London for the weekend. Over. You leave? Stay gone.
The EU allows free movement between any countries. There is not even passport control between most countries.
[Er, um, problem. . . .]
The 75% tax rate will not last long. Soon enough there will be nobody in that tax bracket to collect it from.
[DUmmie Nye Bevan takes the early lead for the Kewpie Doll. We'll see if he can keep it up.]
Furthermore, if you leave, you're not allowed to do business in or with the country anymore. . . . No trading, period. You're out.
[DUmmie backscatter712 piles on the punishment meme.]
Again, France would have to leave the EU to do this. Not going to happen.
[And DUmmie Nye Bevan counters.]
People should be perfectly free to live wherever they can establish legal residency.
[Another DUmmie takes the unpopular freedom approach.]
The idea of exit visas or restrictions on ex-pat citizens is tyrannous.
The US isn't part of the EU. . . . Maybe France has this problem, but we don't. Hell, even if we break a few treaties by doing this, we're big enough that we can get away with it.
[Yes, let's punish OUR rich like crazy! DUmmie backscatter712 is DETERMINED!]
the U.S. military and other governmental assets could be used to track down those trying to leave and hide their wealth in other countries.
[Great idea! Let's DU it!]
I have Long Considered This, Sir, the Most Appropriate Possible Use For Our Country's Military. The seizure of assets hidden abroad from taxation. . . .
[FINALLY, a good use for the military!]
US Army battalions storming Swiss banks?
[Sure! Taking the "rich" out of "Zurich"! Yes, burn Bern to the ground!]
Once a few examples had been made, other miscreants might be more amenable to reason. . . .
[DUmmie The Magistrate is on to something here.]
I keep waiting to see the line of "Eat the Rich" cooking sauces. . . . Not ALL "rich" people, just the more egregious asscarrots. . . .
"Blankfein Bernaise", "T.Rump Orange Glaze", and "Wall Street Marauder Marinade", for example.
[How about "Soros Sauce"? "Moornay Sauce"? "Damon-glace"?]
"T.Rump Roast". . . .
[Let's all go to the Warren Buffet!]
[Nice and rich!]
So what. It opens a niche for the not rich to become rich.
[Yes, that's it! DRIVE OUT all the successful achievers, and then, with those evil oppressors gone, the non-rich will finally have their opportunity to succeed! Brilliant! Yes, FORCE those talented, hard-working, creative, industrious, business-building, job-creating b*st*rds to flee, and then others will readily take their place--but in a nice way! It's the Detroit Formula writ large, isn't it? It's what has made Detroit the urban paradise it is today.]
The thing to do is don't allow them to leave and take their money with them.
[It's OUR money, after all!]
Do you advocate for US states being able to do that as well?
[Yes, Massachussetts should invade New Hampshire and seize their assets! California, look at Arizona just sitting there! Budget problem solved!]
Frankly, my whole attitude is go away. Other people will get rich in your place.
[Then we can tax THEM into oblivion and force them to leave! And so it goes. The Stupid is strong with this one.]
So you contend that if a bunch of wealth leaves a country, new wealth will just fill that void? Where does it come from? Will it come from all of those around the person growing wealthy or will it be created? If it is created, shouldn't we encourage all rich people to leave so eventually everyone is wealthy?
[Stop it! These questions are hurting my head!!]
When the wealthy of Rome disappeared and that of Europe due to plague, it opened up new opportunities.
[The Pox Romana.]
the Plague paved the way for the Renaissance.
[The Bubonic Tonic! Just what we need!]
I really want to get rid of the bankers and insurance companies and nationalize them.
[Is that you, Hugo Chavez?]
They are parasites. . . .
[Or, in the case of France, Parisites. But now those French banksters are fleeing the Left Bank. It's inseine.]
The Waltons are basically thieves who do it legally. They can leave forever as far as I'm concerned.
[Good night, John-Boy!]
As for high tax rates, it they go too high, we'll see what Britain and France are seeing.
[DUmmie AlexSatan is challenging DUmmie Nye Bevan for the coveted Kewpie Doll.]
England and France are fortunate to get rid of the greedy b*st*rds.
[Let those b*st*rds eat Belgian waffles! See if we care!]
Tax receipts went down when the UK raised the top tax rate to 50%. So they are reducing it to 45% so that they can increase tax revenue.
[OK, DUmmie Nye Bevan, you have made your case: Raising taxes astronomically on the rich does NOT automatically increase revenue! And so you WIN today's Kewpie Doll, for this Brief Moment of Mental Clarity! Congratulations on your tax-free Kewpie!]
That's the Laffer Curve in action.
[DUmmieland is our Laff Curve in action! Oh, but now, DUmmie Nye Bevan, you have uttered the dreaded "Laffer Curve" term approvingly! Prepare for the Tombstone Curve!]
If they are not contributing anyhow, let them leave. They are just a burden. . . . Somalia might be a good place for them.
[You got something against Somalia? THAT'S RACIST!]
So don't stop at a 75% tax rate, go all the way to 100%. Might as well make absolutely certain that these people leave.
[DUmmie Nye Bevan, you have already won the Kewpie Doll. I don't think we need your sarcastic comments.]
I like what Iceland did, arrest them, confiscate their assets, prosecute them and send them to jail. And no, I wouldn't take 100% until after a trial and conviction.
[Well, that's big of you, DUmmie sabrina 1.]
[And now a question for DUmmie Nye Bevan . . .]
Are you a republican? Why are you defending the wealthy on this thread advocating for keeping taxes low on the already wealthy?
[Oops! The secret is out: "Nye Bevan" is the DUmmieland screen name of our own Li'l Beaver.]
beyond a certain point, raising the rate becomes counterproductive as the high earners (who tend to be more mobile) can leave, as is happening in France.
[LOUSY FREEPER TROLL!!!]
revoke their citizenship if they do, and seize their property in france for redistribution & f*** em.
[F*** 'em and then eat 'em!]
So that's why Johnny Depp moved outta France!
[He has Depparted! As has Depardieu!]
Hard to blame him. If you have to pay both here and there you're getting killed financially.
[But think of all the beautiful government programs you would be supporting!]
for every one of them there's a J.K. Rowling who is fine with paying a higher tax rate. . . .
[She's Rowling in the dough, so what does she care?]
Except JK Rowling hasn't been hit with 75% taxes yet.
[Harry Potter and the Prisoner of Taxplan.]
raise it to 75%, and I would really question the point of working at all. . . . a 75% rate would truly be a disincentive for me.
[This DUmmie is almost stumbling upon a truth.]
Things in France seem even worse than things in the US.
[Mais non! C'est impossible! Les Misérables??]
Better Fleeing than Fleecing, is what I say. F*** 'em. Start some businesses from the ground up, worker-owned preferably.
[Ah, those those wonderful "worker-owned" businesses always succeed so well and employ so many! They'll fill up the government coffers in no time!]
time for the industrialized countries to impose sanctions on tax avoidance nations.
[Sanction Clause is coming to town.]
Perhaps we'd be better off without them.
[EAT THE RICH!]