HOLLANDE WANTS TO TAX THE RICH AT 75 %

No real Socialist in France wants to adopt openly, or to
defend, a policy which could criticise President Hollande !

However, President Hollande could perhaps revise his brutal intent to tax the super rich at 75% !!!  In Great Britain, a Socialist  Government in 1946, imposed a rate of tax of 99,25 %.

Later in GB this top tax rate declined !!!  Can one really expect anything else ?  When the profits of Private Enterprise, or initiative, are taxed at outrageous levels, no money or inspiration is left to encourage people to "gamble"  building a business ! 

In France certain lessons have yet to be learned.  To tax only the profits from initiatives means the owners will search for other havens or legal means to evade the Jaws of the tax legislator.

Another question which politicians do not wish to discuss is why the state with all its enterprises cannot make cost savings instead of raising taxes ?  Of course, that in turn could lead to redundances and higher unemployment !   
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