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Old 05-10-2012, 05:11 AM
 
697 posts, read 1,156,326 times
Reputation: 443

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London's French population is set to increase dramatically as young professionals and the French Middle Class head for the borders and London to escape Hollande's new Socialist France and it's impending Tax rises.

London businesses prepare for an invasion of French tax refugees - Telegraph

French and Greek elections could spark property boom in London as rich buyers flood to the UK to escape euro crisis | Mail Online

Rich French Consider London Move on Hollande Tax Fears, FT Says - Bloomberg

London calling as French set to flee tax attack | City A.M.

New tax regime could result in influx of French buyers in London, agents believe | Europe | News
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Old 05-10-2012, 05:13 AM
 
34,009 posts, read 18,479,487 times
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No, they are going to stay right there and pay all those taxes!

Signed a hard core liberal!

(all sarcasm)
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Old 05-10-2012, 05:31 AM
 
697 posts, read 1,156,326 times
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During his campaign, Hollande promised to raise the top income tax rate to 75 percent, impose a levy on financial transactions, raise public spending, roll back an increase in the retirement age, and stand up to German Chancellor Angela Merkel by getting Europe to focus more on growth and less on austerity.
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Old 05-10-2012, 05:34 AM
 
1,949 posts, read 1,205,112 times
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Quote:
Originally Posted by Mulhall View Post
. During his campaign, Hollande promised to raise the top income tax rate to 75 percent, impose a levy on financial transactions, raise public spending, roll back an increase in the retirement age, and stand up to German Chancellor Angela Merkel by getting Europe to focus more on growth and less on austerity.
Yeah.... Not going to happen.

Germany calls the shots in Europe not France.
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Old 05-10-2012, 05:35 AM
 
Location: Jacksonville/Afghanistan
328 posts, read 573,351 times
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Every single one of those headlines are sensationalist.

FLOOD! ATTACK! INVASION! REGIME!

lol france
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Old 05-10-2012, 05:37 AM
 
697 posts, read 1,156,326 times
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Quote:
Originally Posted by itsjustmeagain View Post
Yeah.... Not going to happen.

Germany calls the shots in Europe not France.
France dictates it's own tax rates.
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Old 05-10-2012, 05:38 AM
 
Location: Londonderry, NH
41,505 posts, read 51,280,422 times
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If I could afford to live in either place I would not be concerned with taxation. In any case southeastern France and/or northwestern Italy would be great places to retire or just to live.
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Old 05-10-2012, 05:39 AM
 
697 posts, read 1,156,326 times
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Quote:
Originally Posted by Budke View Post
Every single one of those headlines are sensationalist.

FLOOD! ATTACK! INVASION! REGIME!

lol france
LOL - London is already home to over 300,000 French, with whole areas such as South Kensington home to French Cafe Bars, Patisseries, Boulangeries, French Restaurants, Shops etc. The French even launched their own French Radio Station in London recently. London has been nicknamed the 21st arrondissements and Paris on Thames by some French Newspapers.

If Hollande goes ahead with plans for an upper tax rate of 75% and massive spending on public services, I can see a lot of French Professionals being tempted abroad.

I thought the 45% top rate for high earners in the UK was high compared to a lot of countries, but 75% is beyond reason.

France's millionaire tax would last years: Hollande aide | Reuters

BBC News - French election: Hollande wants 75% tax on top earners

'Excessive Wealth': French Candidate Calls for Top Tax of 75 Percent - SPIEGEL ONLINE






Last edited by Mulhall; 05-10-2012 at 06:02 AM..
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Old 05-10-2012, 05:48 AM
 
1,949 posts, read 1,205,112 times
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Quote:
Originally Posted by Mulhall View Post
France dictates it's own tax rates.
Not for long. Just like Greece, France will not controll there tax rates much longer
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Old 05-10-2012, 05:49 AM
 
5,904 posts, read 4,525,318 times
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The French are about to find out that 75 percent of nothing is nothing.
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