Tag Archives: France

News

France Confirms 75% Tax Rate!

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Vive le…. TAX?

The French Socialist government confirmed a 75% tax rate for top earners and a new 45% ‘band’ for revenues over 150,000 euros.

Businesses are targeted as well.  Loan interest tax deductions have been reduced and a capital gains tax break has been eliminated.  These respective cuts have taken €4 and €2 BILLION out of the hands of business and placed them into government coffers.

“France is sick because of the model it has … but is choosing to preserve it.” says Guillaume Cairou, Head of the Entrepreneurs Club.

Source

Entertainment, FYI

Luc Besson unveils Cinema City production studio in Paris – FRANCE – CINEMA – FRANCE 24

Luc Besson unveils Cinema City production studio in Paris – FRANCE – CINEMA – FRANCE 24.

French film maker Luc Bessson has realised his dream of building a Hollywood style studio complex on the outskirts of Paris.

Cinema City will provide costume and model building; as well as production and post production facilities.

“France has Europe’s biggest film industry and yet until now it was the only European country without the infrastructure to produce a film,” said Christophe Lambert, general director of Besson’s production firm EuropaCorp.

Cinema City is being called “Hollywood on Seine”.

The project as cost 170 million euros and will need to major productions a year to cover operational costs. EuropaCorp believes the facility will be fully booked within the year, with European and America producers eager to use the studios.

FYI, News

French Satirical Magazine Charlie Hebdo Prints Prophet Mohammed Cartoons

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The French satirical magazine Charlie Hebdo has printed cartoons of the prophet Mohammed naked in it’s latest addition. The magazine has a history of using satire to poke fun at organized religion. Last year the magazine was attacked by a fire bomb after it ran cartoons depicting Mohammed. This latest publication has been condemned by the French government, and has led to riot police being deployed to protect the magazines Paris headquarters. France has also shut it’s embassies, and schools in Islamic countries, in fear of a backlash

Charlie Hebdo has responded to the criticism by saying they were not attacking Islam, by commenting on the protests against America as a result of the anti-Islam, “Innocence of Muslims”.

News

Church prayer angers French gay rights groups – France – FRANCE 24

Church prayer angers French gay rights groups – France – FRANCE 24.

The Catholic Church in France will revive an old tradition next week: “Prayer for France” will be read out in churches across the country.

The mobilization of churches to pray across France, is in response to President Francois Hollande’s desire to legilise same-sex marriage and allow gay couples to adopt. Prayer for France will be attacking the governments proposed changes to the law. The church’s plans have angered gay rights groups in France.

The “Prayer for France” used to be an annual event, started by King Louis XIII, but died out after World War II. Louis XIII made August 15th a day for the churches across the country to pray for the good of France.

News

Mob ‘attacks’ police during Islamic veil ID check – FRANCE – FRANCE 24

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Mob ‘attacks’ police during Islamic veil ID check – FRANCE – FRANCE 24.

A mob of around 50 people attacked police as they ID checked a woman wearing the full Islamic veil in Marseille, France.

It is illegal to wear the full veil in France after former President Sarkozy, passed the controversial law in 2010.

Four people were arrested, but very soon released; a move which has angered the head of the Alliance police union.

Marseille has problems with gun crime and violence is common, relations between locals and the authorities are already tense.

News

Could France Become Another Greece?

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It seems a week does not go by without more pictures of Greeks rioting and protesting their current economic situation. Just this week the Greek Prime Minister has said that Greece is in the midst of a Great Depression.

Now economists are looking closely at the French economy; France numbers are pointing towards the same outcome as Greece. France currently has an eye wateringly high debt to GDP ratio:  86.1% of GDP (146% if ECB liabilities and bank guarantees are included). Although the UK and America have similar levels of indebtedness they have the mechanisms to do something about it. They also have far more political will to change the socialist policies causing the problem.

In France there is no political will at present, to change the labor laws, and encourage free enterprise. Since coming to power in May, Francois Hollande has already reduced the pension age, increased taxation on the wealthy, increased public spending, and increased the money governments are to pay to the EU. He has also opted out of EU regulations to cap nations budget deficits.

If France continues on this present course the economic death spiral seen in Greece will come to France some time soon.

For more analysis of the situation see The Telegraph

News

France’s proposed tax hikes spark ‘exodus’ of wealthy

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75% Tax Rate

Since the Socialist Hollande has come to power in France and is now proposing high tax rates on the wealthy, neighboring countries are starting to see the wealthy families from France enter or enquire into moving and paying taxes instead to a new jurisdiction.

The French tax rate proposed is 75% for the rich!  The previous highest rate was 41%!

“Now a large number of wealthy French families are leaving the country as a direct result of the proposals of the new government.”

Inquiries into luxury homes in London rose 30% in this years first 3 months.  It may have something to do with Prime Minister David Cameron’s position.  He stated that he would “roll out the red carpet” for those affected by the 75% French tax rate.

For more information on government, tax, unions and union mentality see prophet.tv.

See source article for more: France’s proposed tax hikes spark ‘exodus’ of wealthy – Telegraph.  Picture Source.

Random Events, Free Will or Something Darker?

POLICE FILES SHED LIGHT ON WARTIME JEWISH ROUNDUP

In France, like in all the Nazi occupied countries of Europe during the Second World War, the Jews were forced to wear the yellow star of David, and were eventually rounded up and taken to concentration camps.

Now, the French police have opened up their files telling of the French involvement in the rounding up and deportation of Jews in Paris in 1942. For decades after the war, the French authorities were reluctant to admit to any collaboration with the Nazis. Then in 1995, the then President Jacques Chirac publicly apologised for the part France played in the rounding up of Jews, “These dark hours soil our history forever and are an insult to our past and our traditions. Yes, the French and the French state seconded the occupying powers in their criminal folly,”

Although police had been rounding up Jews before 1942 in occupied Paris, there was a major crack down in July of that year, where men, women, children and the elderly were all rounded up in a massive raid on Jews in the city. Many of them were taken to the Velodrome d’Hiver, where they remained for 5 days with no sanitation or food. Then they were put on cattle trains for Auschwitz.

However, in the days leading up to the raids some French police leaked the Nazi plans, enabling many to escape. They had hoped to arrest 27,427, but “only” managed 13,152. Of these, more than 4,000 were children – none of them survived Auschwitz.

For more information see France 24

News

Peugeot Citroen Workers Strike in France

Workers from the French car maker Peugeot Citroen are striking at the companies plans – to cut 8,000 jobs. The company is facing mounting loses in a car industry shrinking in Europe at this time.

One local union leader has said they view the job losses as an act of war, and that the unions will give them war.

Economists have warned France that their restrictive labor laws are hindering their economy. The country is infamous for their striking culture. However, the French would do well to remember, the unions in Britain caused the death of the British car industry in the 1970s – largely due to their waves of strikes.

News

Breathalyzer tests compulsory on all vehicles in France

All vehicles traveling on French roads must carry a chemical or electronic breathalyzer test beginning Sunday, under new rules aimed at reducing alcohol-driven accidents.

“Alcohol has been the main cause of mortality on roads since 2006,” according to road security authorities.

About a third of fatalities on French roads is due to drink driving, a rate that far surpasses the 17 percent recorded in Britain or 10 percent in Germany.

According to a survey published Sunday, just over half of respondents — 57 percent — said they have yet to equip their vehicles with breathalyzer tests.

Those who fail to do so risk a fine of 11 euros ($14) from November 1, 2012, when the penalty comes into force.

Drivers are split over the measure.

“I find it absurd to be booked for that. But it’s the law, so I’ll be subject to it,” said Hamou Louachiche, 38, who still does not have a test in his car.

He believes that such tests would be more useful in bars or nightclubs.

Others however welcome the measure, saying it would reduce drink driving.

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The real question should be WHY ARE THE FRENCH SPENDING MORE TIME GETTING DRUNK and why is Suicide higher in France?

Socialism folks, it leads to no opportunities and depression. Why? because no motivation to try to do better, because you cannot get ahead, you only pay more in taxes, so instead, since there is no hope, just get drunk and have another affair with another one of your friends mates… even the president does this…

Read More

What’s Causing French Suicides

Suicides in France

News

EU leaders seek to avert euro collapse at key summit – EUROZONE – FRANCE 24

EU leaders seek to avert euro collapse at key summit – EUROZONE – FRANCE 24.

As the European Union summit begins, the ongoing crisis will dominate talks. Ahead of the summit Angela Merkel has already ruled out the introduction of Eurobonds, saying that the appropriate measures are not in place for such a move.

Europe appears more divided than ever, with Spain and Italy calling for EU help to bring down their high borrowing costs; and Angela Merkel dismissing their calls for assistance.

The German’s are worried at French calls for debt polling, instead of focusing of debt reduction. Angela Merkel said, “I fear that at the summit we will talk too much about all these ideas for joint liability and too little about improved controls and structural measures,”