Tag Archives: France

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

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.

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

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.

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.

—-

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

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,” 

Paris, France: Man commits suicide by jumping from Eiffel Tower – Telegraph

Man dies after jumping from Eiffel Tower – Telegraph.

Today a man committed suicide in Paris, France, by jumping off the Eiffel Tower. Prophet TV reported on a wave of suicides in France during the Cannes Film Festival. Now Prophet TV have finished their latest mission in France, where that spirit of death was broken, is the enemy trying to re-enter the region?

Could France Need a Bail-Out?


The former UK Prime Minister Gordon Brown has spoken ahead of next week’s G20 summit in Mexico, about the prospect of a required bailout for Italy and France. Gordon Brown has called for the G20 to begin to draw up a “concerted global action plan” to deal with the crisis.

This comes after German Chancellor Angela Merkel, attacked the French President Francois Hollande for allowing the French economy to stall. She also echoed Mr Brown’s comments, warning that Hollande’s socialist policies could lead to France being enveloped by the debt crisis.

Last year, when officials began to speak of the contagion spreading to Italy and Spain, no solid measures were put in place, and now we are on the brink of Spain requiring a full bail-out (the bailout currently under consideration is only to bailout their struggling banking system). Spain and Italy were both labelled at the time as “too big to fail”.  At that time the thought of a French bailout was unthinkable.

However, it is expected that the summit in Los Cabos, Mexico, will see world leaders continuing to pressure Chancellor Angela Merkel to agree to Eurobonds. Mrs Merkel has left Germany for the summit, remaining steadfast in her tough austerity stance – in the face of French opposition from Francois Hollande, and with President Obama also backing the new French President.

 

Merkel firm despite Spanish bond spike

Germany rules out instant euro fix

Germany dashes eurozone expectations France seeks eurozone stability package In depth Eurozone in crisis

Nokia to shed further 10,000 staff

Shares fall 8% as handset maker warns on losses

Nokia poised to sell Vertu line Nokia Struggling to regain investors’ confidence Ups and downs Facebook shines as Nokia fades away

GLOBAL MARKET OVERVIEW from MARKETS 11:26am

Stocks dip as eurozone fears persist

Spanish yields briefly spike above 7% after Moody’s downgrade

Video Eurozone just needs time Martin Wolf A new form of European union Wall Street edges up on stimulus hopes

From COMPANIES 7:49pm

Banks bow to EU over limit to bonuses

Payouts set to be made relative to salary

Sustainable Banking and Finance John Gapper Excessive CEO pay rarely rewards investors Big UK funds urge rethink on incentives

via FINANCIAL TIMES

Wave of Suicides Hit France

Over the French holiday weekend a wave of suicides hit France. 12 people committed suicide on French railways, in unrelated incidents across the country, causing chaos across the french rail networks with 30,000 passengers affected.

In one incident a father jumped in front of a train holding his 19 month old baby. In Paris late Sunday night, the city taxi-drivers had to be called upon to help 10,500 stranded travellers.

France has a higher rate of suicide than it’s neighbours. With 33 per 1,000 taking their own life; compared to roughly half that rate in the UK and Spain.

In Japan, where suicide is recorded as one of the highest in the world, studies have shown that the economic hardship, depression and lack of job prospects are key among victims.

Is it about culture, economics or something else?

Playing now on Prophet.TV

via Wave of Suicides Hit France.

Is the Socialist Hollande More Economically Compatible than Sarkozy

Americans and Europeans are not so different after all.
Obama is promising the same as Hollande has promised the French, and it won Hollande an election.
Free entitlements and high taxes on the rich.
Both Hollande and Obama argue that if you build up the public sector, you will stimulate the economy.
That is not exactly correct.
Some government funded programs will do that:
– Government investment in infrastructure
– High speed internet.
– Quality education
These help the economy, because they support private enterprise.
Taxing your job creators at 75%, like Hollande wants to do, does not support business and does not stimulate the economy.
and having the government do everything for you, does not stimulate growth …… it leads to bankruptcy.
Former British Prime Minister Margaret Thatcher said “socialism fails when you run out of other people’s money”

What’s Wrong With This Picture

What's Wrong with this Picture?

You guessed it, of the people celebrating about the new French election,
only ONE french flag …..in a myriad of other countries flags…

What does this mean?
Sarkozy was right about borders, …but too late, France is already taken over by people from other countries who now celebrate, that French citizens will support them, and the evil french business owner will be taxed 75% to support them, those who fled the poverty in their own country, to devour other countries, and in this case… France…

Merci beaucoup!