The High Taxes of French Governing Socialists are driving French Tax Exiles to London

Posted by PITHOCRATES - March 3rd, 2013

Week in Review

The Left says over and over again people aren’t going to move to escape high tax rates.  Well, as it turns out, they will.  The socialists recently took back the presidency of France.  Basically running on the platform of raising taxes to confiscatory rates.  Assuming that the rich will just smile and say, “Merci.  J’aime être taxés.  Il me fait sentir patriotique.  Vive la France.”  Which translates to “Thank you.  I like to be taxed.  It makes me feel patriotic.  Long live France.”  Which is how governing officials believe rich people should feel about paying higher taxes.  And get righteously peeved when they don’t.  Such as when Gérard Depardieu moved out of France, renounced his French citizenship and became a Russian citizen to avoid paying those confiscatory tax rates.  Becoming a tax exile.  And he wasn’t the only French national to leave France for more friendly tax shores.  As a net migration from Paris to London followed the socialists return to power in France (see Paris mayoral candidate Nathalie Kosciusko-Morizet: I want to lure the French back from London posted 3/1/2013 on The Telegraph).

The French Right’s brightest hope to reclaim Paris after a dozen years of Socialist rule wants to woo back London’s burgeoning Gallic population by making the City of Light Europe’s cutting-edge, family-friendly “place to be”.

In an interview with The Daily Telegraph, Nathalie Kosciusko-Morizet, 39, warned that Paris must reclaim its “historical role of leading the way” if it wants to stop the “gap widening” with London.

A third French lycée is due to open in London to cope with the rising demand from the city’s French population – estimated at 400,000 as a growing number flee the Socialist government’s tax rises.

This led Boris Johnson to exclaim: “Bienvenue à Londres. If your own president does not want the jobs, the opportunities and the economic growth that you generate, we do…”

After 10 years of Socialist rule in Paris, NKM hopes to seduce both the city’s conservatives and a chunk of “bobos” (bourgeois bohemians), pointing to Boris Johnson as proof that the Right can win major cities.

“I don’t buy the prevailing theory that capitals are becoming increasingly Left-wing,” she said…

Paris was not business-friendly enough, she claimed, as the city was “not an early adopter” in providing new solutions to help them develop.

So many French are becoming British that they had to open a third French school in London to handle the burgeoning Gallic population.  In fact, the British are welcoming the French invasion.  Any student of history will find the irony in that.  (Here’s a hint. The French and the British were at war with each other for much of their history.)  Swelling the French population in London to about 400,000.  Because of those high socialist tax rates.

Not only are they working and paying taxes in Britain now but they are also doing something else.  They are NOT paying taxes in France.  So raising tax rates in France did what?  It chased jobs out of the country.  As well as taxpayers.  Ultimately reducing tax revenue.  The exact opposite of the intended outcome of their new tax policy.  For when it comes to confiscatory tax rates people will not say, “Merci.  J’aime être taxés.  Il me fait sentir patriotique.  Vive la France.”  But, instead, they’ll simply say, “Au revoir.”

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