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.
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