Fleeing 75% Tax Rate? We’ll Always Have Paris
- Wednesday, October 10, 2012, 2:01
- Entrepreneurs
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Sacre Bleu! Sky high French tax rates topping out at 75% caused France’s wealthiest man, Bernard Arnault, CEO of LVMH, to apply for Belgian nationality. The liberal media condemned his disloyalty but the LVMH scion surely isn’t the only French person thinking the same thing. And high tax rates not long ago seemed so desirable!
http://www.forbes.com/sites/robertwood/2012/10/09/fleeing-75-tax-rate-well-always-have-paris/
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