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Old 09-28-2012, 06:56 AM
 
Location: Cape Coral
5,503 posts, read 7,333,723 times
Reputation: 2250

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France taxes rich and business to slash deficit | Reuters

France didn't have the guts to cut spending on their largest deficits since WWII. (French without guts, who would have known?) Their plan is to raise taxes on the rich and business to 75%. What they are too stupid to see is that growth in the economy will be non existent and their deficits will get worse. When Romney wins, there will be an influx of French entrepreneurs to the US.
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Old 09-28-2012, 07:01 AM
 
24,488 posts, read 41,141,698 times
Reputation: 12920
You're title is misleading. You should just have it be the same as the title of the article you linked since you haven't provided anything that relates to Obama.

A 75% tax rate wouldn't fly here. Obama wouldn't be successful passing such a rate.

Nothing indicates that Romney will win. So you mean "if" Romney wins.
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Old 09-28-2012, 08:44 AM
 
Location: None of your business
5,466 posts, read 4,422,860 times
Reputation: 1179
Quote:
Originally Posted by NJBest View Post
You're title is misleading. You should just have it be the same as the title of the article you linked since you haven't provided anything that relates to Obama.

A 75% tax rate wouldn't fly here. Obama wouldn't be successful passing such a rate.
You don't think? It sure sounds like the future of the United States.

French Tax Hikes Target Business and Wealthy
The government of French Socialist President Hollande reveals new tax hikes largely affecting the rich and companies as part of a emphatically leftist agenda revealed July 4. In rolling out its initial policy objectives, the cabinet of Prime Minister Jean-Marc Ayrault didn’t stop with sending the right into a tizzy with a budget revision featuring $9.45 billion in new tax revenues. It also pledged those increases will be shouldered primarily by the rich and big companies. The government has understood that the increase in the public debt has got to be halted.

Socialist leadership fulfill promises to reduce France’s budget deficit from 5.2% to 4.5% this year.

The previous top tax bracket of 41 per cent on earnings a increase to 45 per cent. All you need is a bunch of people saying tax the rich and it flies.

Obama wants to raise taxes on the rich to 39%. The French has too much debt and a tax rate of 41% didn't pay down the debt so now they are increasing it to 75% in France to help lower the country's deficit. There is too much spending, too much debt and too many on the dole. Sound familiar?

Last edited by eRayP; 09-28-2012 at 08:53 AM..
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Old 09-28-2012, 08:51 AM
 
Location: Portland, Oregon
46,001 posts, read 35,180,801 times
Reputation: 7875
I think you might of accidentally posted this in the wrong thread, this has nothing to do with elections.
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Old 09-28-2012, 08:55 AM
 
Location: None of your business
5,466 posts, read 4,422,860 times
Reputation: 1179
Pres. Of France Ran On A Campaign Dividing Classes. Sound Familiar?

The President of France ran on a campaign dividing classes. “Sound familiar? He promised the punish the rich to help the poor. Sound familiar? So the American public will learn when they see what is happening in France.”

President Hollande promised the labor unions to do that. So by punishing the wealthy, he will punish the people whom the wealthy employ.”

You might want to watch France and Greece to see where Obama is taking America. With this happening in France and the riots in Greece it has me convince that Obama will win.

THE NEW WORLD ORDER!
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Old 09-28-2012, 09:00 AM
 
2,042 posts, read 2,904,513 times
Reputation: 1546
France is culturally and politically very distinct from the US.
Why not post an article about Myanmar or Burkina Faso and assume that is where the US is headed?
You are really reaching, here.
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Old 09-28-2012, 09:23 AM
 
Location: CHicago, United States
6,933 posts, read 8,493,925 times
Reputation: 3510
Quote:
Obama to follow France's lead in raisng taxes


Back to high school for you, for a refresher course in U.S. Government ... so that you learn, once again, the U.S. Congress is where tax increases are approved.
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Old 09-28-2012, 09:25 AM
 
1,058 posts, read 1,159,946 times
Reputation: 624
Quote:
Originally Posted by eRayP View Post
Pres. Of France Ran On A Campaign Dividing Classes. Sound Familiar?

The President of France ran on a campaign dividing classes. “Sound familiar? He promised the punish the rich to help the poor. Sound familiar? So the American public will learn when they see what is happening in France.”

President Hollande promised the labor unions to do that. So by punishing the wealthy, he will punish the people whom the wealthy employ.”

You might want to watch France and Greece to see where Obama is taking America. With this happening in France and the riots in Greece it has me convince that Obama will win.

THE NEW WORLD ORDER!
I can hear the black helicopters now.
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Old 09-28-2012, 09:27 AM
 
Location: None of your business
5,466 posts, read 4,422,860 times
Reputation: 1179
Mr Hollande promises to expand the state, creating 60,000 teaching posts, partially roll back Mr Sarkozy's rise in the pension age from 60 to 62, and squeeze the rich (whom he once cheerfully said he did not like), with a 75% top income-tax rate.
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Old 09-28-2012, 09:27 AM
 
69,368 posts, read 64,108,083 times
Reputation: 9383
Quote:
Originally Posted by gomexico View Post

Back to high school for you, for a refresher course in U.S. Government ... so that you learn, once again, the U.S. Congress is where tax increases are approved.
Actually it seems you are the one who needs to return to high school,

Congress is where its passed, the White House is where they are finally approved.
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