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They would take out a few hundred million in earnings before the tax is introduced, so they would never have to take money out again. France introduced a 75% t
by charlesdm 11y ago
They would take out a few hundred million in earnings before the tax is introduced, so they would never have to take money out again.
France introduced a 75% tax in 2012 (or 2013) on income above €1m, and it drove away significant amounts of wealthy residents.