Unintended Consequences of Collectivism

Well… look at that… another wealthy Frenchman leaving the country to escape the 75% tax rate… and this one the former President, no less!

Nicolas+Sarkozy

Sarkozy’s plans ‘to dodge new 75% French tax rate by moving to London with wife Carla and setting up £1bn private equity fund’

Live by the same law’s you enact? I think not. Not when it gets really tight anyway. But let’s not forget better days …

Barack Obama, Michelle Obama, Carla Bruni, Nicolas Sarkozy

Not so much anymore.

Folks, we’ve visited this time and time again. The rich will always make provisions to protect themselves from tyrannical levels of taxation. As our newest contributor said;

“The problem is that it has never worked that way in the history of collectivism when collectivism is involuntary.”

That being said, Sarkozy should go play some golf with Phil Mickelson, in a nice low-tax state like Florida or Texas. And speaking of Phil Mickelson, he has since apologized, but should not have.

EVERY CITIZEN is within their rights to ask where their money is going, and whether it’s being well-spent. If it’s being wasted, or they’re being over-taxed, they make changes.

I wonder how much hate mail he received from the class-warfare crowd. Small-minded, envious people will take any opportunity to attack somebody like this.

Phil Mickelson warns of ‘drastic changes’ because of state, federal tax situation [UPDATED]

d0121phil

I can easily see him leaving California… a 13.3% tax on millionaires?

I’d have been gone yesterday.

This seems to be an American echo of the current Gallic brouhaha over Gerard Depardieu’s relinquishing of his French citizenship over their tax rates.

One thought on “Unintended Consequences of Collectivism

Talk Amongst Yourselves:

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s