The Londoner

Can The Last Taxpayer Leaving France Please Turn Out The Lights? The fiscal frenzy that has seized French socialists is not only grinding France ’s economy to a halt; it is also attacking the very foundations of French society by destroying entrepreneurship and responsibility. Taxes are raining down on French citizens , and the promised shelters often disappear before they have even been introduced.   The French government’ s 2013 finance bill has announced confiscatory tax rates on incomes and capital gains, and payroll taxes will be increased as well. But the socialists are shooting themselves in the foot, as such tax rates will destroy wealth and drive out entrepreneurs, capital, businesses, and young people . Thus, tax revenues will ultimately not rise but fall. The message could not be clearer: The number of requests by French citizens to leave France are suddenly...