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>The 75% wealth tax point was only a minor point in an article that expressed many many other points and anecdotes, and whose greater argument was that the entr
by crdoconnor 13y ago
>The 75% wealth tax point was only a minor point in an article that expressed many many other points and anecdotes, and whose greater argument was that the entrepreneurial climate in France was poor.
Yes, the greater argument was that "the entrepreneurial climate is poor" because they wouldn't get very much sympathy saying "stop taxing the ultrawealthy so much. We don't like it!".
Nonetheless, it's pretty obvious what they thing the 'fix' for this supposedly poor climate of this is when you read stuff like this:
>Some wealthy businesspeople have also been packing their bags.
>While entrepreneurs fret about the difficulties of getting a business off the ground,
>those who have succeeded in doing so say that society stigmatizes financial success.
>The election of President François Hollande, a member of the Socialist Party who
>once declared, “I don’t like the rich,” did little to contradict that impression.
Or this:
>“It is a French cultural characteristic that goes back to almost the revolution and
>Robespierre, where there’s a deep-rooted feeling that you don’t show that you make money,”
>Ms. Segalen, the recruiter, said. “There is this sense that ‘liberté, égalité, fraternité’
>means that what’s yours should be mine. It’s more like, if someone has something I can’t have,
>I’d rather deprive this person from having it than trying to work hard to get it myself.
>That’s a very French state of mind. But it’s a race to the bottom.”
Essentially, this article is emphatically NOT about entrepreneurs, particularly not struggling entrepreneurs. It's basically a good old whinge by the French elite.
- argonaut 13y agoIt's interesting how your argument insists on collapsing this issue into a black and white issue: it's the elites whining and not in any way about entrepreneurs. And yet the only evidence you provide is one or two quotes where the article talks about the anti-wealth sentiment. Fun fact: an appreciation of wealth-generation is absolutely necessary and goes hand in hand with encouragement of entrepreneurship. Follow the incentives.
- crdoconnor 13y ago>It's interesting how your argument insists on collapsing this issue into a black and white issue: it's the elites whining and not in any way about entrepreneurs. Right, because none of the issues presented in the article were actually ABOUT the problems entrepreneurs face. Did it mention fundraising? No. Did it mention hiring? No. Did it mention anything about gaining traction? No. Did it mention anything about finding a mentor? No. Did it mention something about how the proles were getting uppity about the rich needing to pay more taxes? Hell yea. Learn to read between the lines. >Fun fact: an appreciation of wealth-generation is absolutely necessary and goes hand in hand with encouragement of entrepreneurship. Follow the incentives. Neither fun nor a fact. My incentive is to be my own boss, not to one day become a billionaire asshole like Eric Schmidt. If I were making a million dollars a year I'd be fine with being taxed at 75%.