Overly sunny tax revenue predictions are not a problem unique to
socialists, but you can see how those who adhere to an ideology that
refuses to admit to basic human nature and the economic downsides of
ludicrous tax rates might fall more dramatically than most.
Hollande, who endures a public approval rating of 20 percent (!), had first levied the whopping 75 percent tax rate on individuals making over a million euros. This prompted notable protests from actors and soccer teams, as well as the populace at which his populism was aimed.
Bad news: France in $14b euro hole after overestimating the haul from that swell 75% millionaire tax « Hot Air
Hollande, who endures a public approval rating of 20 percent (!), had first levied the whopping 75 percent tax rate on individuals making over a million euros. This prompted notable protests from actors and soccer teams, as well as the populace at which his populism was aimed.
Bad news: France in $14b euro hole after overestimating the haul from that swell 75% millionaire tax « Hot Air
No comments:
Post a Comment