Obama’s Mouth Waters in Envy as France Socialists Pass 75% Tax Rate on Millionaires

Obama's Mouth Waters in Envy as France Socialists Pass 75% Tax Rate on Millionaires

Obama’s Mouth Waters in Envy as France Socialists Pass 75% Tax Rate on Millionaires

That whooshing sound we hear is businesses and job creators picking up their chips and leaving France as quickly as possible.

If Obama had his way, he would do the same here, or worse. Obama would surely want to tax as much as he can to try and support the Democrat Culture of Corruption’s out of control spending, which only serves to line the pockets of friends and supporters of the Obama administration, not helping the American People.

President Francois Hollande’s Socialist government unveiled sharp tax hikes on business and the rich on Friday in a 2013 budget aimed at showing France has the fiscal rigor to remain at the core of the euro zone.

The package will recoup 30 billion euros ($39 billion) for the public purse with a goal of narrowing the deficit to 3.0 percent of national output next year from 4.5 percent this year – France’s toughest single belt-tightening in 30 years.

But with record unemployment and a barrage of data pointing



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