Down and out: the French flee a nation in despair

“The failing economy and harsh taxes of François Hollande’s beleaguered nation are sending thousands packing – to Britain’s friendlier shores.  More than 70% of the French feel taxes are ‘excessive’, and 80% believe the president’s economic policy is ‘misguided’ and ‘inefficient’. This goes far beyond the tax exiles such as Gérard Depardieu, members of the Peugeot family or Chanel’s owners. Worse, after decades of living in one of the most redistributive systems in western Europe, 54% of the French believe that taxes – of which there have been 84 new ones in the past two years, rising from 42% of GDP in 2009 to 46.3% this year – now widen social inequalities instead of reducing them.”

http://www.telegraph.co.uk/finance/10390571/france-hollande-taxes-socialist-farrage.html

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