
“It’s no secret that governments worldwide are broke. One country after another is cutting social benefits and taking other measures to reduce government spending. Take France, for instance. It’s under pressure from the EU to reduce its budget deficit to 3% of GDP. That’s the maximum permitted under the Maastricht Treaty, the agreement underpinning the EU. Currently, it’s at about 4%. To comply with these rules, France cut family allowances and reduced grants to local authorities. It’s also started a renewed crackdown against tax evasion. It even laid off 7,500 soldiers. But that’s not all. France also recently expanded incentives for new residents.”
http://www.nestmann.com/you-a-tax-evader
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