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300,000 French Expected to Leave France

July 05, 2012 – Comments (5)

Reuters reports that 300,000 French millionaires will immediately begin to leave France in response to taxes being increased to seventy five percent of income in order to help close the budget deficit. The mass migration of millionaires is expected to begin as soon as countries outside of France agree to accept the political risk of increasing their own wealth inequality.

England's Prime Miinister David Cameron was quoted as saying "The short trip to England through the EuroTunnel justifies its considerable expense and investment, and makes England the logical place to resettle these political refugees."

Making his own bid, Spain's Prime Minister said that "Spaniards are looking forward to the arrival of job creators and the opportunity to remain in poverty while serving the new arrivals wine and cheese and maintaining their lawns and gardens.

Meanwhile in the United States, House Speaker John Boehner credited strong Republican opposition to paying bills through tax collections. "By not taking the easy way out, and paying for Government services through collecting enough taxes, the American working man will now begin to see the benefits of his suffering reduced pensions and lowered wages as Government cutbacks and layoffs have increased their leisure time, and as they have pulled money out of their rainy day savings in order to enjoy this period of high unemployment".

Best wishes,

Steven