Gerard Depardieu May Become Russian
Who’d have thought Russia would be a tax haven, but this story says that it only has a personal income tax of 13%.
Putin seems to be welcoming Gerard Depardieu with open arms, but then I don’t think the French actor is a man, to whom a lot of the principles that guide most of us apply. He certainly seems very selfish and looking at his personal life, women are just toys in his life.
Incidentally, I don’t think I’ve ever seen him in a film.
Europe’s Most Stupid Politician
I’ve just read two articles about President Hollande’s tax ideas in the Times and The Telegraph. He wants everyone who earns over a million euros to pay a 75% tax rate. the constitutional Council has turned his idea down, so he doesn’t even know French law.
Forty or so years ago, such a policy could have been enforced and in those days in the UK, anybody earning over about £40,000, used to pay an income tax of over 70%. But all that did was create schemes to avoid paying tax and the best brains of the country became accountants and tax lawyers, rather than scientists and engineers to create wealth by creating companies and jobs.
But Hollande thinks he can turn the clock back!
He must be so stupid to not see that he’s being counter-productive, by giving the brilliant, reasons to leave France. Il est un imbecile.
How Can Governments Be So Stupid?
This story of how the French government has forced Gerard Depardieu to become a tax exile has been repeated through the years in many countries and it always ends up with less money being collected, the brightest and the best leaving and job losses. Usually too, you find out later that those politicians behind it, have made provisions to hide their income.
Every country needs to find ways of keeping all of their best people at home. But of course only by using totally fair and humane methods.
So how can they do this?
Obviously low personal taxes do help. And I don’t just mean income taxes, but capital gains ones as well. After all, many people who create one fortune, have a record of going on to create another, which means further employment and tax revenues from all places. But then there are people who don’t believe that if you lower taxes you raise more money! You may not, but if you frame the rules right and cut down on tax avoidance, you should get an increase.
Quality of life is also important. I live in London and I have a very good quality of life. I live fairly cheaply and get all my healthcare free. I even get all of my local public transport free. Obviously, others have other priorities, but as in France, most people can find a good lifestyle to suit their pocket.
So I think, that governments should probably concentrate on getting the basics of life right for its inhabitants. That means a good basic services, like education, police, fire and refuse collection and a health service that works for all.
Governments must also create opportunities for all levels. At the bottom, they put all sorts of administrative barriers in the way of the unemployed in getting well-paid work. If say I wanted to employ an eighteen-year-old to help me sort out this house, the barriers would be immense. So consequently, when I do, it’ll probably be a friend’s son and cash-in-hand. At the top level, governments always give out contracts to their friends. How many computer contracts have been let to companies, who’ve failed before?
Napoleon once said that Britain is a nation of shopkeepers. He was wrong in that, we’re probably a nation of entrepreneurs. We all seem to want to be our own boss. And what’s wrong with that? Nothing in the eye of most of us, but to some politicians it’s anathema.
I don’t believe the French are any different, as probably are the much-maligned Pakistanis and Somalis.
So governments should just create an environment that makes us all want to stay here and create employment, which hopefully pays enough taxes to keep the process continuing.
France has done everyone a favour, by conducting an experiment that belongs to the past. It failed then and it will fail now.
A Rant From France
I received this comment last week and feel it should be posted.
Hello Anonymous,
I came across your blog whilst doing my daily research regarding wind farms.
I live in rural France and now have six x 140 metre high wind turbines…….one of which is under 600 metres from my home.
The value of my property has dropped by around 40%? Exactly how this percentage is arrived at I do not know. I can say the estate agent I asked to come and see my property was “shocked”! by the size of the turbines and the close proximity of them to my home.
He was also amazed that I was not getting any money for having them so close to my property.
He declared that I had a lovely home, beautiful garden and extremely attractive gite, he then said what a pity about the windfarm…….getting people to come to the house would be the biggest hurdle as the turbines loomed from every angle over my property,enough to put most people off before they even got here. He felt ( and I can only agree) that given a choice most people would not choose my property over a property without a wind farm so close. Now how bloody obvious is this!!!? For goodness sake…….so here I am with a blighted home, with a mortgage, with noise issues. I am just one of many in this situation.Our neighbours host the turbines on their land and receive around 25,000 Euros a year plus, the village 2.5 kilometres from where I live also receives around the same amount. I have received absolutely nothing apart from a complete change of circumstances as to how I now live my life. There are of course worse things in life then having a wind farm next door but it is the way “we” are simply overlooked and referred to as selfish! that I cannot understand.People need to “wise up” as to just how crushing it can be to have turbines so close to them.I am forever reading about people not understanding why turbines can be so unpopular……it is only the people who have to live next to them who really know why.Visiting a wind farm is not anything like living with one and yet again and again groups of people are taken on a visit for a couple of hours so they can make an “informed” decision about having a wind farm near them………please everybody wake up! bit of a rant I suppose.?
All I can do is sympathise!
My views on wind farms are detailed here.
Galettes With The Precision And Care Of A Surgeon
I haven’t had a crepe or galette in over fifteen years. But I bought one from this stall in Camden Market.
It was well-worth waiting for. I won’t wait as long next time.
As you can see the gluten-free galettes are made from buckwheat flour.
Why the surgical reference? Go and have your delicious pancake ask the guys; one French and one Spanish.
Guys like this really show up most chains of fast food, as what they are – purveyors of toilet fodder!
Boris Gives It Straight To The French
Boris Johnson in India has taken the French government to task over their statements on ArcelorMittal. It’s here on Reuters. This is an extract,
The Mayor of London Boris Johnson on Tuesday described France’s Socialist government as left-wing revolutionaries that were driving investors away in a dispute with steelmaker ArcelorMittal.
The Conservative mayor mocked the French government as ‘sans-culottes,’ a radical left-wing class during the French Revolution of 1789, while adding that British capital would welcome business fleeing from France.
The French are going to have to realise that the world has changed and the rest of the world doesn’t owe them a living. Especially, as their policies are driving the best and most creative brains out of France.
We Need A Radish
According to The Times today, this is the French way of saying they don’t have a bean.
It was shown as a placard on a French tractor as “On a un radis” and the paper translated.
France Looks To Cable Cars
This article from the Guardian tells how France and other places are looking for cable-car solutions to urban transport problems.
As with many things, the way to a better future is to innovate and use good design.
Hollande Shows He’s A True Champagne Socialist!
There seems to be a big row brewing in France, as President Hollande has upped the tax on beer by a whopping 160%. He left the tax on wine and spirits alone. Read all about it, here in the Belfast Telegraph. This is the first paragraph.
France is planning heavy tax increases on beer, upsetting brewers – even in other countries.
President Francois Hollande is pushing through legislation to increase taxes on beer by 160% to help fund struggling social security programmes as France tries to lower a budget deficit hit hard by the economic crisis. The tax would affect local brews and the 30% of imported beer the French drink.
I suppose though, I’m not bothered, as I’ve never heard of a gluten-free French beer. Although, there’s some passable Belgian and Spanish ones.
France Might Tax Energy Drinks
France seems to be planning to tax energy drinks according to reports like this, this morning.
I’ve never drunk one, but judging by the number of cans you see strewn all over place, many do.
The Anonymous Widower 