With the recent announcement by France’s Socialist president, François Hollande, of a tax plan to soak the rich, should Americans and others get ready for another French emigration, not of explorers but of entrepreneurs and other …
This past week, President Obama tried to sell his new “millionairestax” to the Rust Belt ... That might have been true in pre-revolutionary France, where the nobility was exempt from most taxation (and why so many were subject to a brief ...
Labor’s claim that Australia’s 11,700 “millionaire” income earners will ... million people — paid less than 5 per cent of income tax. “Our top tax rate is comparable to countries like France, the UK, and the US, but it is hard for Australia ...
PARIS, Dec. 29 (Xinhua) -- French Constitutional Council ... to make France's top earners energizing efforts to help the debt-laden country out of financial troubles, the government put up the measure to impose as high as 75 percent of …
Le Maire explained that controversial tax cuts for the wealthy were designed to stem the exodus of entrepreneurs and millionaires. A host of businessmen and entertainers have quit France for the United States, Switzerland, Belgium or …
As for the impetus leave, those emigrating from France cite high taxes and religious tensions as the main ... As long as that is the case, where millionaires are moving to will continue to matter.
Millionaire emigration also hits government tax revenues and may be associated with loss of jobs and money outflows that can impact property prices and the financial markets. "France is being heavily impacted by rising religious …
Some of the richest people in France have asked to pay more tax, as President Nicolas Sarkozy prepares to outline new measures to improve the nation's balance sheet. L'Oreal heiress Liliane Bettencourt, the head of Air France and the …
China ranked second in millionaire flight, with 9,000 leaving, followed by Brazil with 8,000. Millionaires are leaving France because of high taxes on the wealthy as well as rising religious tensions, Amoils said. "At least in China, the …