OK but France has crazy high taxes: capital gain taxes, income tax of more than 50% for not that well paying jobs and up to 75% income tax for rich people, a ye

OK but France has crazy high taxes: capital gain taxes, income tax of more than 50% for not that well paying jobs and up to 75% income tax for rich people, a yearly tax on your belongings if you're "rich", 21% VAT, up to 70% inheritance taxes, etc. The private sector is suffocating and closing SMEs left and right, leading to more and more unemployment. So it is not working for France. Unemployment is as crazy high as their taxes are and the situation is overall very, very bad (it's a non-democratic party who won the recent european election in France). I'm not saying I know which level of taxation is correct but once you start hammering people so much that they leave the country or that they simply decide to live of wellfare instead of trying to be entrepreneurs, then it's reasonably safe to ask the question as to whether or not you're too far right on the Laffer curve. Now I'm not saying there aren't country which are socialists and which do better than France: what I'm saying it's that it's not as easy as "tax everything" (which is what you suggest: capital gain taxes, inheritance taxes, more income taxes, etc.). On my own anecdoctical level: my brother left France to go work in Switzerland and I'm personally considering throwing the towel in and moving to a country which doesn't hate his entrepreneurs as much as the country I'm in...