FBC Bulls And Bears May 31, 2015
And that is exactly what they turned out to be. Bernard, the richest citizen in france moved out right away. An actor famously moved to belgium and then russia. The rich exiting. So now instead of having a 75 tax rate you had zero. Businesses in france have said they cannot recruit people to come to work there because of the high tax rate. Its too onerous on their businesses. Youre seeing france going back into recession. And president hollande has the lowest Approval Rating of any president since world war ii. Theres two problems with this comparison. First of all, there are massive loopholes...