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George Mason Univ. Mercatus Center Senior Research Fellow Veronique De Rugy on the high taxes in France.
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Some members of France's Socialist Party are having second thoughts about the 75%.
Tax on incomes over a million euros joining us now from Washington the -- -- Senior research fellow with the not -- -- center at George Mason University she was born and educated in Paris raised in Normandy -- welcomed the program.
Thank you for having me.
We find it kind of hard to believe that French socialists are having second thoughts about -- 75% tax which we thought -- he loved are they missing it -- -- -- -- didn't.
Yeah I guess they are bet -- I mean obviously wearing not -- right that people are reacting so you know so vibrant need to this high eight punishing tax rates.
That act and -- is down bounded that.
To realize that lawmakers.
Are actually surprised.
That taxpayers.
Won't.
Allow them to subject them to be punishing -- Very good.
I want to move on quickly to a second subject.
I understand that the government in Paris.
Is actively moving against American corporations.
Accusing them of non payment or avoiding taxation.
It what are they doing and is that statement accurate.
That it is accurate but is it typical.
French government responses that kind of I reminds me of my eight year old with the you know there -- dog ate my homework type of thing.
This is a high tax nation and that is complaining that it has chased.
Dead -- with the golden -- Because and -- high tax.
And instead of actually doing some -- thinking and thinking well what Clinton we did to actually routine will kind of liked.
What can we do so these companies will wanna maximize the amount of revenue there reported friend would -- doing that they're blaming.
Low tax countries or the company's and it it's typical French response would you have a go back and live in France again.
No really certainly not as long as -- not I'm working.
Excellent -- they're funny delusion thank you very much indeed for joining -- always a pleasure thank thank you for having me.
