A majority of lawmakers supported the proposition from the far-left LFI party, despite warnings from the incumbent government.
  • dogslayeggs@lemmy.worldEnglish
    71·
    2 months ago

    What’s the downside? If they move away, you haven’t lost anything because they weren’t paying taxes anyway. If they stay, you have just gained tax revenue. And it isn’t like you are going to lose a lot of sales tax money or real estate tax money, since they are not going to stop visiting Paris and buying luxury goods and are not going to sell their properties (that’s why they are so wealthy in the first place).

    Also, if they move away then you have fewer billionaires fucking up politics.

    • slaacaa@lemmy.worldEnglish
      23·
      2 months ago

      No, you don’t understand, if the gajillionaires leave, then who will exploit our workers and take bail-out money from the government?

  • Flying Squid@lemmy.worldMEnglish
    572·
    2 months ago

    I like the “they’ll just move somewhere else” arguments about these wealth taxes. First of all, no they won’t. They like their luxury penthouses in Paris and their mansions on the Riviera. Secondly, that’s just an argument for having this tax everywhere else too.

    And you know, if Russia (or wherever) doesn’t want to have a wealth tax and all the billionaires move there, I’m not really seeing the downside.

  • Supervisor194@lemmy.worldEnglish
    15·
    2 months ago

    Le Coq suggested that when simply considering the 10 biggest fortunes in France, the tax would bring in no less than €13bn for the state.

    A 2% tax on billionaires. Give me a break.

    The point isn’t to bring in money, the point is to eliminate these blights on society by any means necessary. How bad will the world have to get before something that looks like this happens? When the world was more civilized - the world conservatives constantly pine for - the ultra-wealthy were taxed over 90%, because we knew that too much power in the hands of a single person was immensely dangerous. We knew this intrinsically from generations of being ruled by kings, but we got firsthand experience with it from them constantly fucking up the economy.

    There was shame in being wealthy. Hell, there was shame in being rich when I was growing up - it was understood that you couldn’t get mega-rich without stepping on the necks of the working class and being horrible people. It’s nearly Christmas - go rewatch It’s a Wonderful Life for crying out loud. 1946!

  • vin@lemmynsfw.comEnglish
    11·
    2 months ago

    would apply to anyone who is a tax resident in France or who has assets in France.

    Awesome!