France's 'Millionaire Tax'

[Kamisia]

If the Socialist Party in France was truly dedicated to socialist policies, they would be making land transfers, expanding ownership of the means of production, nationalizing major industries, encouraging worker's councils in other industries, etc.

[The High Guardians]

Germany had its infrastructure modernised on a mass scale....Just maybe. While the U.K did not have its industries completely bombed into the ground and rebuilt for them at the expense of the allies. Lets not pretend that didn't help at all.

before that. you know. how they got the ability to bomb the U.K. into the ground?

That's what I'm talking about. Germany overtook us pre WW2 for very simple reasons. Germany pre war had an abundance of natural resources that it could exploit for industry. Let me compare this to the U.K, we did not, we have to import everything to do anything. Thus driving up costs of about everything.

After the war, German industry was completely destroyed by bombing raids and ground attacks, this was then rebuilt from the ground up with modern technology. Unlike the U.K which yes, was bombed but not all the manufacturing basis was destroyed thus not modernised, like Germany's was. That is why they overtook us in the 20th century.

[Dooom35796821595]

Germany had its infrastructure modernised on a mass scale....Just maybe. While the U.K did not have its industries completely bombed into the ground and rebuilt for them at the expense of the allies. Lets not pretend that didn't help at all.

before that. you know. how they got the ability to bomb the U.K. into the ground?

Massive debt, nationalisation of industry's and forced labour, followed by invasions and a closed economy.

[Brilliant Brittania]

Personally I would like to see a higher income tax level across the board as long as it was coupled with a reduction in indirect taxes and VAT. This is the only way that you will get a truly progressive tax revenue.

[Frisivisia]

Those damn commies, stealing money from rich people! Don't they understand the horrible battle against poverty these wealthy people must fight day in and day out?

[Priory Academy USSR]

before that. you know. how they got the ability to bomb the U.K. into the ground?

That's what I'm talking about. Germany overtook us pre WW2 for very simple reasons. Germany pre war had an abundance of natural resources that it could exploit for industry. Let me compare this to the U.K, we did not, we have to import everything to do anything. Thus driving up costs of about everything.

Nope.

Britain was one of the world's foremost producers of coal, copper (the mining towns in Yorkshire and South Wales are clear cut evidence of those, respectively) and a host of other materials were produced too. The only major import the UK had was food (which was in plentiful supply from the Americas), which really wouldn't impact industrial development.

[New Acardia]

They wouldn't have 1mn euros, because there are other tax brackets as well...?

They wouldn't be broke either? If its not less than 100 K I'm not bothered. Sitting on piles of money doesn't help the economy at all.

How long until the first million is targeted for this outrageous tax. In the words of Gerard Depardieu this is the government punishing success..

[Souseiseki]

They wouldn't be broke either? If its not less than 100 K I'm not bothered. Sitting on piles of money doesn't help the economy at all.

How long until the first million is targeted for this outrageous tax. In the words of Gerard Depardieu this is the government punishing success..

i can think of better ways to punish success. making taxes slightly higher for income above X level isn't much of a punishment tbh. you're still making more money.

[Frisivisia]

They wouldn't be broke either? If its not less than 100 K I'm not bothered. Sitting on piles of money doesn't help the economy at all.

How long until the first million is targeted for this outrageous tax. In the words of Gerard Depardieu this is the government punishing success..

If you have two toys and I ask you to share one of yours with another little boy who has none, am I punishing you for your successful toy gathering? Is this acceptable?

[Ainin]

They wouldn't be broke either? If its not less than 100 K I'm not bothered. Sitting on piles of money doesn't help the economy at all.

How long until the first million is targeted for this outrageous tax. In the words of Gerard Depardieu this is the government punishing success..

This tax doesn't target any personal income whatsoever.

Also, that's a lovely slippery slope.

[The High Guardians]

That's what I'm talking about. Germany overtook us pre WW2 for very simple reasons. Germany pre war had an abundance of natural resources that it could exploit for industry. Let me compare this to the U.K, we did not, we have to import everything to do anything. Thus driving up costs of about everything.

Nope.

Britain was one of the world's foremost producers of coal, copper (the mining towns in Yorkshire and South Wales are clear cut evidence of those, respectively) and a host of other materials were produced too. The only major import the UK had was food (which was in plentiful supply from the Americas), which really wouldn't impact industrial development.

Coal and Copper are two resources out of many which can be exploited. Why are you talking about so far back? Also, if Prussia was so powerful at the time, why did it not achieve such a grand empire? Could its economy not handle it?

[Kamisia]

A flat tax on the proportion owned of the means of production would be better.

[Olivaero]

Gee I will feel sorry for all those poor millionaires that are hurt by this... They are often the worst off in society I struggle to think how they keep their heads above water sometimes all these taxes reducing them to mere incomes of several hundred thousand. Clearly they need the money more than the poor people who being feckless and greedy it would be just wasted upon.

[Priory Academy USSR]

Nope.

Britain was one of the world's foremost producers of coal, copper (the mining towns in Yorkshire and South Wales are clear cut evidence of those, respectively) and a host of other materials were produced too. The only major import the UK had was food (which was in plentiful supply from the Americas), which really wouldn't impact industrial development.

Coal and Copper are two resources out of many which can be exploited. Why are you talking about so far back? Also, if Prussia was so powerful at the time, why did it not achieve such a grand empire? Could its economy not handle it?

I'm talking about the 19th century because that's when the German large state started and when Germany overtook the effectively minarchist British.
Prussia did create a large empire, in Central Europe. They seized territories from France and Austria-Hungary, and unified the minor German states into one Empire in 1871. And they had sizeable colonies too.

[New Acardia]

75% tax
that is taking 75 cents out each dollar a person makes.
that does not include local and prvinceal taxes as well.

[Kamisia]

75% tax
that is taking 75 cents out each dollar a person makes.
that does not include local and prvinceal taxes as well.

That is 75 cents out of each euro made above 1,000,000 euros

[Frisivisia]

75% tax
that is taking 75 cents out each dollar a person makes.
that does not include local and prvinceal taxes as well.

Yes, that's what 75% means. Is that what it means in context, though?

[Ainin]

75% tax
that is taking 75 cents out each dollar a person makes.
that does not include local and prvinceal taxes as well.

No. It takes ABSOLUTELY NOTHING from their paychecks.

[Kamisia]

75% tax
that is taking 75 cents out each dollar a person makes.
that does not include local and prvinceal taxes as well.

Yes, that's what 75% means. Is that what it means in context, though?

No, it 75 cents out of each euro made above 1,000,000 euros

[Estado Paulista]

75% tax
that is taking 75 cents out each dollar a person makes.
that does not include local and prvinceal taxes as well.

Not really. Forgive me if I'm wrong, but from what I understood, you'll have to pay 75% of your income, if you earn more than €1 million by year.

[Ainin]

75% tax
that is taking 75 cents out each dollar a person makes.
that does not include local and prvinceal taxes as well.

Not really. Forgive me if I'm wrong, but from what I understood, you'll have to pay 75% of your income, if you earn more than €1 million by year.

Nope.

The government of France taxes a company 0.5 euros for every euro above 1mn it pays an employee.

EDIT: It's closer to 0.75

[America Libertaria]

How long until the first million is targeted for this outrageous tax. In the words of Gerard Depardieu this is the government punishing success..

If you have two toys and I ask you to share one of yours with another little boy who has none, am I punishing you for your successful toy gathering? Is this acceptable?

If the boy with the two toys earned those toys through hard work and finally got those toys he wanted why should he have to share with the other boy who did nothing to help earn those toys?

[Frisivisia]

If you have two toys and I ask you to share one of yours with another little boy who has none, am I punishing you for your successful toy gathering? Is this acceptable?

If the boy with the two toys earned those toys through hard work and finally got those toys he wanted why should he have to share with the other boy who did nothing to help earn those toys?

So you are, at the same time, saying that children should not have to share their toys and that poor people are poor because they're lazy. Well, that's fucking stupid.

[New Acardia]

Gee I will feel sorry for all those poor millionaires that are hurt by this... They are often the worst off in society I struggle to think how they keep their heads above water sometimes all these taxes reducing them to mere incomes of several hundred thousand. Clearly they need the money more than the poor people who being feckless and greedy it would be just wasted upon.

Why don't the socialist be generos with there own money rather than other people's money. And most people on welfare are lazy and should get off there lazy ass and GO TO WORK.

[Souseiseki]

If you have two toys and I ask you to share one of yours with another little boy who has none, am I punishing you for your successful toy gathering? Is this acceptable?

If the boy with the two toys earned those toys through hard work and finally got those toys he wanted why should he have to share with the other boy who did nothing to help earn those toys?

society as a whole helps business owners thrive, and giving back helps society, which in turns helps business owners even more by improving society and for example, education, providing a pool of educated workers. any business owner that disagrees with this is free to try and get shit done without the backdrop provided by society. it's also a case by case basis as to whether a person got their wealth through hard work or not.

fuck stupid analogies, incidentally.