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.
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.
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
Related Threads
Collapse
Topics | Statistics | Last Post | ||
---|---|---|---|---|
Started by CivilDiscourse, Today, 04:10 PM
|
3 responses
16 views
0 likes
|
Last Post
by Ronson
Today, 05:17 PM
|
||
Started by seer, Today, 02:29 PM
|
0 responses
15 views
0 likes
|
Last Post
by seer
Today, 02:29 PM
|
||
Started by Gondwanaland, Yesterday, 01:42 PM
|
11 responses
70 views
0 likes
|
Last Post
by Ronson
Today, 05:29 PM
|
||
Started by NorrinRadd, 08-16-2022, 11:42 PM
|
50 responses
371 views
0 likes
|
Last Post
by rogue06
Today, 03:38 PM
|
||
Started by seer, 08-16-2022, 04:40 PM
|
13 responses
94 views
0 likes
|
Last Post
|