Topics for today’s show: French court declares 75% top tax bracket unconstitutional. Should you donate $1 from every paycheck to help pay down the national debt? New Year’s Resolutions. And more.
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It will be reistated in a worse form. The French Supreme Court merely ruled that it was unconsitutional because it was inequitable: It allowed a family in which 2 incomes were separately below the Million limit but, combined, were over that limit, would pay at the lower rate, whereas another family which made the same amount but one payer was over the limit, would pay at the higher rate. Everyone should suffer the same confiscation. That was their ruling. The parliament will quickly redraft it to be more equally onerous. Depardieu should not change his plans to relocate to Belgium.
Interesting find:
Just Right – 243 – Reflections on Lord Monckton
Bob Metz and Robert Vaughan reflect on their recent guest, Lord Christopher Monckton.