Announcement

Collapse

Civics 101 Guidelines

Want to argue about politics? Healthcare reform? Taxes? Governments? You've come to the right place!

Try to keep it civil though. The rules still apply here.
See more
See less

Bermuda's gain, France's loss, income inequality.

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Bermuda's gain, France's loss, income inequality.

    A reason why Bermuda ranks so high in the CIA World Facts listing of countries by GDP (PPP) per capita http://en.wikipedia.org/wiki/List_of...PP)_per_capita
    is that many super wealthy people moved there to escape high taxes. France is reducing its "income inequality problem," not just by taking so much money off its super wealthy people, but they are escaping for places like Bermuda.

    Someone joked to the effect that Obama would not dare to explain how he managed to better income equality by saying that he drove off wealthy people.
    The greater number of laws . . . , the more thieves . . . there will be. ---- Lao-Tzu

    [T]he truth Iím after and the truth never harmed anyone. What harms us is to persist in self-deceit and ignorance -ó Marcus Aurelius, Meditations

Related Threads

Collapse

Topics Statistics Last Post
Started by Hypatia_Alexandria, Today, 11:11 AM
7 responses
29 views
0 likes
Last Post EvoUK
by EvoUK
 
Started by CivilDiscourse, Today, 08:02 AM
5 responses
34 views
0 likes
Last Post kccd
by kccd
 
Started by Ronson, Yesterday, 09:17 AM
18 responses
157 views
0 likes
Last Post Ronson
by Ronson
 
Started by Mountain Man, 01-22-2021, 10:00 AM
20 responses
137 views
0 likes
Last Post Mountain Man  
Started by CivilDiscourse, 01-22-2021, 06:45 AM
75 responses
471 views
2 likes
Last Post EvoUK
by EvoUK
 
Working...
X