The MP who represents French expats in Britain poured scorn on the notion there was about to be a mass exodus of tax exiles across the channel after French President François Hollande promised a 75 percent tax rate on top earners.
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What's the problem with schools in Britain? Well, no French would want their kid to learn in a British school as long as there is a monarchy in your country. Let's be serious. We have to understand that quality of teaching is also measured by the content of teaching's quality. Not teaching a child to think for the future, but to obey by some medieval rules is not a French's option. As for the hospitals, the NHS is poorly equipped with an underpaid staff. What quality can one expect from it? The press if full of horror death stories in the NHS hospitals. British people don't have to admit these objective facts if they are not psychologically prepared. But that is not my problem.
I have some bad news for Mr Holland. Taxing the rich is not going to solve anything. The problems with Europe is that high wages has made products uncompeditive and this is causing higher unemployment. Making Taxes higher will mean wages will go up. This means products will be even more expensive and will lead to even higher unemployment. As for the rich, they give work. If they leave then unemployment will also increase. Mr. Holland has to think again. Its all good being a socialist. But if it doesn t work its not going to be good for France.
UK is usually near top in international league tables for universities
Ms Lemaire does not have a clue about the reality of the situation with French Nationals wanting to move to Britain. The education system in France has deteriorated; the ordinary French people are struggling to buy basic foods; more and more street markets are being held in every town in the country where the farmers try to sell their produce. Mme Lemaire should face realities and not just make statements which are not true. Check out the number of French people coming to London and the South Coast of England to shop- it is cheaper even after paying for their travel. They are sometimes shocked to find that French products are cheaper here than in their own country. Get real!
Where is Mm Bettancourt when I so badly need her.
She could do me a favour and fund my emigration to France, If I could afford it, even if I had to pay 75% tax, I would be there as fast as I could get over La Manche.
The way this country has gone over the last three or four decades, it's not worth living here any more,
I travel to France at least once, some times twice a year on vacation, it is when I am compelled to catch the Dover bound ferry, or enter the Tunnel I start trembling with annoyance.
If not Mm Bettancourt, is there any other kind French person looking to be magnanimous?
While America has had extremely high tax rates, many did not pay that as there were ways to avoid it. The Eurozone is in big trouble as they now will try and take more than they put in. Taxing more inhibits the collection of revenue and causes increased resentment of government. Politicians who promise prosperity by plunder will soon lower their standards to include everyone and keep the plunder for themselves.
I think simplistic has it right. It is too early to judge but the tax increases along with the legal case against Telecom CEO may well make firms think twice about locating in France. Companies in France have to compete with companies in other areas and cannot factor in the social costs and still make a profit. Economically France does not exist in a bubble.
I only wish the US could be as enlightened as the French when it comes to financial reform. When our top tax rate was 72% in the 60s, real income rose 35%! Then Nixon began the conservative deconstruction of the economy that Reagan, Newt and Bush finally destroyed.
Mme. Lemaire's comments, so soon after the announcements in question, bespeak a far too simplistic response to the potential fallout from the increased taxes on the wealthiest earners and M. Hollande's handling of the larger business sector. The new government's current policy initiatives and proposed economic changes will, over the longer term, drive investors and entrepeneurs out of France, and will lead those who might otherwise have have come to live here to stay away in droves. There will be more mass layoffs (see today's headlines regarding the French auto industry) and closures; there will be further critical slowdowns in growth as M. Hollande and company grind the "evil rich" and pander to unions that already have far too much power over the French economy.
I don't doubt the good intentions of the new government, economically and otherwise. Still...we do remember which road is paved with good intentions, don't we?
This is only gimmickry from PM David Cameron He used to be in public relations with Carlton TV before getting into Westminster. He likes to jump up on any band waggon that happens to be rolling, as that is all he knows. Very few pay any attention to him
Perhaps she can explain why 300.000 young French have moved to the UK. We all know the French have the same number of retired Brits.I think those in the 75 percent tax bracket will not be to worried abt missing the education and health system in France. With the money they save the can buy the best. Give it a year and then judge the exodus.
IN THE WORLD PAPERS
IN THE FRENCH PAPERS