“Why France is on the brink of reinstating wealth taxes”
July 9, 2024
“…France’s wealth tax was first introduced in 1982 by Francois Mitterrand, the then-president. Since then it has been scrapped, reinstated and reformed by successive governments
The “impôt de solidarité sur la fortune” – as it is known in France – was in place until 2017 when Mr Macron ditched it during his first budget, for which he was branded “the president of the rich”…”
Communism does not work. The rich will leave. You CAN’T tax them even if you wanted to. The only thing over taxing the rich does is destroy the economy. Stop with the envy. Stop with the communism. Just because some rich people take advantage of the poor does not mean wealth is evil.