Skip to main content

Harvesting millionaires, French Expats, Malloy Snoozing


The best laid plan of Socialist French President Francois Hollande (pronounced O-Lend) to tap millionaires with a 75 percent tax appears to be falling asunder.

Popular French actor Gérard Depardieu recently moved to Belgium, nearly within spitting distance of France, to escape France’s new 75 per cent top marginal income tax rate imposed on millionaires, as noted here in Connecticut Commentary.

M. Depardieu took the additional precaution of acquiring Russian citizenship, but this was intended, some suppose, to spite the lesser socialistic pretentions of M. Hollande.

Now, former French President Nicolas Sarkozy appears to be following in M. Depardieu’s footsteps. According to a piece in the UK’s Daily Mail on Line, M. Sarkozy is hightailing it to London along with his lovely wife Carla Bruni.

M. Sarkozy, said to be looking for a posh place in the city where he can strut his status, will not be the lone French expat-millionaire in England; Bernard Arnault, the luxury goods magnate and France’s richest man, also owns property in London.

While in London, M Sarkozy plans to set up a billion pounds plus investment fund.

It occurs to Connecticut Commentary that Governor Dannel Malloy has at long last – after expending much energy transferring tax dollars from middle class workers to giant multi-billion dollars companies in an attempt to bride them not to move out of Connecticut --has fallen asleep at the wheel, perhaps a good thing.

M. Malloy should get himself to France tout suite, with a view to coaxing future expat-millionaires to move to Greenwich or other safe zones in Connecticut’s Gold Coast.

Just think of the taxes the state could reap from M. Depardieu and M. Sarkosy, not to mention M. Arnault. And remember, that old millionaire trap, M. Christie, is over in New Jersey breathing heavily and, like M. Malloy, looking for every available means of discharging a deficit without further burdening the proletariat with onerous taxes for fear they might move to Texas.

No need any longer to worry about proletarian outmigration to Connecticut.


Labels:

Comments

Post a Comment

Popular posts from this blog

The Blumenthal Burisma Connection

Steve Hilton , a Fox News commentator who over the weekend had connected some Burisma corruption dots, had this to say about Connecticut U.S. Senator Dick Blumenthal’s association with the tangled knot of corruption in Ukraine: “We cross-referenced the Senate co-sponsors of Ed Markey's Ukraine gas bill with the list of Democrats whom Burisma lobbyist, David Leiter, routinely gave money to and found another one -- one of the most sanctimonious of them all, actually -- Sen. Richard Blumenthal."
17 comments
Read more

Taking The Fifth, After Esty

Whether or not U.S. Representative Elizabeth Esty will serve the remainder of her term or resign immediately is very much an open question. But, in any case, the battle for Connecticut’s 5 th U.S. Congressional District has begun with a show of unexpected fireworks. For many years, the 5 th District was a toss-up proposition; both Republicans and Democrats have held and surrendered the seat. Geographically the 5 th District touches the border of New York from Connecticut’s northern-most point to Danbury in the southern quadrant and includes much of Litchfield county and parts of Fairfield, Hartford and New Haven counties. Party affiliation is competitive, in round figures, 30 percent Democrat, 25 percent Republican and 45 percent unaffiliated. Over the years, the Democrat Party in Connecticut has moved from the center to the left, but the 5 th District has been a moderate preserve. During the Obama presidential election, Republican moderates within Connecticut's U.S. ...
Post a Comment
Read more

PCBs, GOOD FOR YOUR HEALTH

By Gerald and Natalie Sirkin c2007 A front-page story on PCBs in the March 9 News-Times is just wrong. The first thing to know about PCBs is that they never killed a single person nor did they ever cause cancer. The second is that although they are invariably called “cancer-causing,” that designation comes chiefly from a single rat study. The third thing is that the subject rats were exposed daily for 21 months to 100 parts per million (ppm) of PCBs containing 60% chlorine. (The 100 ppm was about 5,000 times the tolerable daily intake of PCBs set by FDA in 1973.) When rats were exposed to PCBs containing less chlorine, they developed no cancers. The fourth, that when the exposed rats were allowed to live out their lives, they had fewer cancers and lived longer than the unexposed rats. PCBs is a family of chemicals known as polychlorinated biphenyls. PCBs contain chlorine ranging from 12% to 70%. They were used in two General Electric plants that manufactured electrical equipmen...
Post a Comment
Read more