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DonLever

French Actor Gerard Depardieu Goes to Russia to Avoid 75% Tax

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Yeah, a 34% increase is pretty ridiculous.

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41% to 75% is an increase of 83% not 34.

Anyway it doesn't matter and Depardieu is a moron.

French 75% income tax struck down by constitutional council

_65001573_65001054.jpg Francois Hollande has favoured tax rises over spending cuts to tackle France's deficit

France's constitutional council has struck down a top income tax rate of 75% introduced by Socialist President Francois Hollande.

Raising taxes for those earning more than 1m euros (£817,400) has been a flagship policy for Mr Hollande.

The policy angered France's business community and prompted some wealthy citizens to say they would emigrate.

Mr Hollande's government said it would rework the tax, due to take effect in 2013, to meet the council's complaints.

In its ruling on Saturday, the Constitutional Council said the new tax rate "failed to recognise equality before public burdens" because, unlike other forms of income tax, it was to be applied to individuals rather than households.

French millionaires would be well-advised to think twice before cracking open the champagne over the Constitutional Council's ruling.

The court emphatically did NOT say that the 75 per cent tax rate was too high.

No, the point on which the socialist government's flagship measure came unstuck was a technicality. In French jargon the new tax bracket for people earning more than a million euros had not been "conjugalised".

As framed, the tax band applied to individuals - not to households.

But in France, income tax is levied on households.

Therefore the provision breached the constitutional requirement that it be equitable for all.

The measure will almost certainly be back. All the government has to do is reframe and resubmit. But it now stands accused not just of a certain vindictiveness towards the rich, but also of a certain legal incompetence too.

For example, that meant a household in which one person earned more than 1m euros would pay the tax, but a household in which two people earned 900,000 euros each would not have to pay.

The council also rejected new methods for calculating the tax.

Pressing ahead

But Prime Minister Jean-Marc Ayrault said the government would press ahead with the new tax rate.

"The government will propose a new system that conforms with the principles laid down by the decision of the Constitutional Council," he said.

The new rate was seen as largely symbolic since it would have only applied to some 1,500 people for a temporary period of two years.

But along with other tax rises, it has still been the subject of fierce debate in France.

French actor Gerard Depardieu recently announced he was moving to Belgium to avoid taxes, sparking a furious reaction from some on the left.

There was also speculation that people employed in high-income jobs like banking and finance would move elsewhere, including to London.

Mr Hollande campaigned against the austerity policies used in many European countries affected by economic crisis, favouring higher taxes rather than spending cuts to bring down the deficit.

The 75% rate for high earners was included in the government's 2013 budget, approved by parliament in September.

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I read that Depardieu was on death's door like two weeks ago... he must be doing alright if he is doing the tax shimmy

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Depends on if you want to contribute to the society you live in , or you expect the fairies to provide all the services and maintain all the infrastructure .

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If your ultimate allegiance is to the dollar and not the flag, why does it matter so much? Why contribute to a government that mandates you pay a whopping income tax of 75%, when the nation-state next door will accept you with open arms, for less tax %s?

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In a global market, money not only talks... it also walks.

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In a global market, money not only talks... it also walks.

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I read that Depardieu was on death's door like two weeks ago... he must be doing alright if he is doing the tax shimmy

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I saw that article too where he was in a wheelchair.It must work like this. National Enquirer gets a picture of a celeb through whatever means it can. Writers then look at the picture and create a story that best explains the look on the victims face, their obvious physical problems, what other people in the picture are doing etc.

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No show for Depardieu in drunk driving charges By THOMAS ADAMSON | Associated Press13 hrs ago

http://news.yahoo.com/no-show-depardieu-drunk-driving-charges-093335247.html

PARIS (AP) — French actor Gerard Depardieu will not show up at a Paris court Tuesday to face drunken driving charges because he has clashing professional commitments abroad, his lawyer said Tuesday.

Depardieu's lawyer Eric de Caumont said his client was not trying to dodgeFrench justice, but is abroad "meeting the producers of a movie," whose filming in New York will begin in January.

Caumont suggested on BFM-TV that the movie in question will see Depardieuplay the disgraced former International Monetary Fund chief Dominique Strauss-Kahn.

The 64-year-old star of films such as "Green Card" and "Cyrano de Bergerac" was picked up last November by police after he fell off his scooter in northwest Paris.

The drunken driving hearing will now be deferred to a criminal court, and he could lose his driving license and could face up to two years in jail, Caumont said.

Depardieu has caused controversy in recent weeks for other reasons. On Saturday he received a Russian passport from President Vladimir Putin, after threatening to return his French passport after Prime Minister Jean-Marc Ayrault called him "pathetic" for deciding to move to tax-friendly Belgium.

In a much publicized letter in December, Depardieu also made reference to his headline-grabbing lifestyle: "I won't cast a stone at (people) who have cholesterol, hypertension, diabetes or too much alcohol or those who fall asleep on their scooter: I am one of them, as you dear media outlets like so much to repeat."

Back in 1998, Depardieu also crashed his motorcycle when his blood-alcohol limit was five times over the legal limit, escaping with leg and face injuries.

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I am one of the most left winged minded people on here, and even I think that is an over tax.

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75% rate is insane and virtually guarantees that everybody, no matter their politics, will consider extreme measures to avoid it.

But this is just fluff for our entertainment/distraction. The real underreported story is how mega corporations and transnationals, via creative shell structures and dubious residency status, are able to avoid paying almost any taxes whatsoever. Google and Starbuck are merely tip of the iceberg.

I wonder how much better off treasuries would be if governments went the Russian route (whatever the rate) and actually enforced it with as near 100% efficiency as possible? Not holding my breath since so long as career ‘public servants’ keep getting inexplicably wealthier while on the job, it’s a good bet that they’re legislative efforts are making somebody happy.

Meanwhile, "men of the people," best exemplified by Obama and this Hollande, keep going after easy targets--what used to be middle and upper middle class, with easily traceable sources of income and limited means of sheltering it, negligible next to what giants of industries pull off every fiscal year. What heroes...

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Maybe the French raised that tax rate to get rid of Him .. I canna mention his name without stringing the words "sad", "sack" and "excrement" together, so He shall remain nameless ..

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The top tax rate in the United States used to be similar until Reagan. 70% in 1981. It was 94% in 1944.

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