The left-wing French coalition hoping to introduce 90% tax on rich

[Kufi]

Posters who arent even close to making 400k are in this thread vehemently arguing against the bill.

 

[Mowgli]

Yea that will really get the economy pumping for the next 20 years. That will really make citizens want to innovate revolutionary tech for France.

France is finished.

 

[GrindtooFilthy]

I'm all for 91% rate but @ 400k is insane at least bump it up a couple 5m-10m, once they get past that rate then tax them to heaven and hell and back again

 

[Roger king]

Tax the rich and the corporations i am in support of this, no one needs to be a billionaire, it helps pay for public schools and amenities . However that 90 percent rate is a bit insane

 

[Mowgli]

I'm all for 91% rate but @ 400k is insane at least bump it up a couple 5m-10m, once they get past that rate then tax them to heaven and hell and back again

France socialists have tried these types of taxes a couple tomes and both times they had to reverse it because the nation became economically stagnant.

People aren't going to hang out and be motivated to do what it takes to be rich just to get taxed like that.

All this does it make banks richer and they eventually become your new overlords.

 

[DetroitEWarren]

That's how the US operated before the top rate was (slightly) dropped during JFK's presidency. The top rate was above 90% throughout the 1950s in the US, and ranged from 80-94% in the 1940s.

Didn't it get brought all the way down to 21% from 35% with the Trump cuts?

 

[DetroitEWarren]

400K is fukking retarded and will fail, badly.

Is say people over 20 Million should get taxed like that, maybe even 25-30. 400K ain't really rich lol

 

[skylove4]

90%

Surprised this dumb motherfukker didn’t blame American democrats for this

 

[GrindtooFilthy]

France socialists have tried these types of taxes a couple tomes and both times they had to reverse it because the nation became economically stagnant.

People aren't going to hang out and be motivated to do what it takes to be rich just to get taxed like that.

All this does it make banks richer and they eventually become your new overlords.

Hold on it just goes back to the bank? I would figure it goes back to the economy like social reforms, healthcare, schools, infrastructure. if it's just going back to the bank then hell nah let people keep their money

 

[AyBrehHam Linkin]

Yikes. 90% tax above 400k seems a bit extreme. That pretty much eliminates anyone from being a billionaire and unlikely to be a multi Millionaire.

Good

Mfs dont need all that damn money.

 

[MoshpitMazi]

W

 

[MoshpitMazi]

Yikes. 90% tax above 400k seems a bit extreme. That pretty much eliminates anyone from being a billionaire and unlikely to be a multi Millionaire.

No it's not, nobody should be a multi millionaire and def not a billionaire

 

[br82186]

Good

Mfs dont need all that damn money.

And the funny thing about this is, isn't this a drop in the bu ket for billionaires?

 

[IIVI]

All for it.

I seriously don't know if people understand how much a billion dollars is.

The fact there are people with hundreds of billions of dollars is ridiculous.

 

[itsyoung!!]

Retard babble