gordondaviesmoustache said:
It's also right to say that significant numbers of French top earners are now ensconced in London as a result of the above.
Thousands of them Gord, all paying large amounts of lovely tax into our coffers instead of their home country.
So what's so great about this 'Socialism' then? If we are mad enough to embrace the same system, these Gallic high earners will merely decamp back to La Belle France, (once the wanna be commie has been removed and replaced by someone more sensible) and their money will go with them.
I've seen it all in my time, with 83% tax rates on high earners, rising to 98%, believe it or not, and the result was total disaster, we still had to visit the IMF before we collapsed completely. I know it must be hard seeing wealthy folk and people at the bottom end, but nobody ever made the poor rich by making the rich poor, it's never worked and never will.