Thursday, August 9, 2012

BloggeRhythms 8/8/2012

The French have never done anything for me. And, I don’t think they’ve ever done anything for anyone else either.

However, today they finally did me a favor.

Their new Socialist president, Francois Hollande, has proposed raising the tax rate to 75 percent on income above 1 million euros ($1.24 million) a year which has led many of that nation’s top earners to indicate they’ll simply move somewhere else.

Since this is another indication of what I think will happen right here,  the most successful folks in France are consequently not only helping to prove my point, their position on taxes is succinct and thus saving me three quarters of a page of keystrokes.

That’s it for today folks.

Adios

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