French 75% tax rate struck down

[the_tyrant]

Originally Posted by Sailor Steve

Are you old enough to remember when the UK tax on £1,000,000 was 95%?

It's no wonder every major artist in Britain moved to the US during the '50s and '60s.

and that is the issue. Government is fundamentally a service industry. However, unlike most services, the government owns a monopoly, making it hard for you to "take your business elsewhere". You can't not pay, after all, if you refuse to pay your phone bill, the phone company will simply cut your service. Refuse to pay taxes, and the IRS will be coming for you. If I hate the phone company, theoretically I can start my own phone company. If I start my own country, government, they would label me a rebel and send the army in.

you know what, I would actually hope that someday governments would "compete" for your tax dollars. They really need to improve service while reducing price.

if they charge too much for the service, why wouldn't you take your money else where? After all, they are simply "voting with their wallet"