Friday, 26 August 2011

Tax the Rich more and the Poor less ... say the Rich in France

Following on from similar comments by US Billionaire Warren Buffett, the rich people of France have called upon their Government to tax them more in order to turn the economy around ... 

... in a letter, signed by some of France's most high-profile chief executives, said: "We, the presidents and leaders of industry, businessmen and women, bankers and wealthy citizens would like the richest people to pay a special contribution ... in a spirit of solidarity" and the French Government is acting accordingly (with an extra tax of 3% on income over 500,000 euros) ...

So why in Britain do we have George Osborne, Boris Johnson and the rest of the Conservative party trying to argue that to escape from our economic problems we need to tax the rich less (i.e. they want to get rid of the 50% tax rate for incomes over £150,000) and tax the poor more (whilst helping them a lot less) ?  

Is it that they know 'better' ... or is it pure selfishness and greed on behalf of themselves (they are all millionaires) and their rich friends?  IMHO this isn't a hard one to work out ... pretty obvious really ... however the problem is most people in the UK are either ignorant or apathetic about it ... so these corrupt 'spin-doctors' (who are trying to push the 'ultimate con' - namely 'trickle-down' economics) think they can get away with it!

The Conservatives try to tell us we "are all in this together" (whilst the truth is in fact the complete opposite) whilst the French don't just talk about, they stand-up to be counted, speak out about solidarity and what is needed to really turn things around, and act upon it!