‘Zucman Tax’: chiama per tassare l’ultra ricco di crescere in Francia

>Named after French economist Gabriel Zucman, the proposal targets the ultra-wealthy and is the French left’s answer to the country’s public finance woes. Prime Minister Sébastien Lecornu has already rejected it, but has acknowledged the desire for more fiscal justice in France.

The argument I hear the most against it is that “the rich will flee the country”. It makes sense on paper but we don’t know that it’s true yet. I’m for the tax, see how many ultra-rich can still make enough profits to stay, and see if it works out or not. It can always be removed later. Have some balls, try something. Cmon France.

Tax everything over 50 million at 100%. Redistribute to the poor refugees

France can’t do this alone. It’s counterproductive. It has to be done Europe-wide (including the UK and other tax havens). Otherwise it’s useless if they have a place to hide.

Yes, sure, every country should close tax loopholes and start taxing the super-rich and big corporations which – for all practical purposes – are paying hardly any taxes. But France is also playing *’The floor is getting our excessive spending under control!’*

You’re not magically fixing a roughly 5% of GDP budget deficit (about €150 bn.) with the €5 to €20 bn. (the latter an overly optimistic estimate) that a projected wealth tax would generate annually in France.

Leftists are constantly pretending that we could run a paradisiacal state with perfect healthcare, social benefits, education and housing if only we taxed the rich properly – that’s wishful thinking.

“You all must suffer so that the richest men in history can be a little bit richer.”

Greedy scumbags.