Re:French Entrepreneurs Revolt
by oelmekki on Tuesday October 09, 2012 @08:21AM
(#4631084)
Those numbers are totally wrong. First, "pigeon"s don't talk about 80% but 60%. And they're wrong about that too.
Here is an economical review from the law (translated from french) : http://goo.gl/70xwI
The tax is not 60%, but 40%, worst case scenario ; and can be as low as 20% if conditions are met (keeping the business a long time, reinvesting money in an other company).
Also, the purpose was not to blame rich ones, it was to tax transaction incomes at the same level as work income. Not more.
Here is an economical review from the law (translated from french) : http://goo.gl/70xwI
The tax is not 60%, but 40%, worst case scenario ; and can be as low as 20% if conditions are met (keeping the business a long time, reinvesting money in an other company).
Also, the purpose was not to blame rich ones, it was to tax transaction incomes at the same level as work income. Not more.