
“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
Related posts:
Jim Rogers shares insights on his book Street Smarts
Investor under house arrest sends robot to Bitcoin convention instead
Nigel Farage blasts Francois Hollande in EU Parliament
US military wants a portable, bullet-resistant wall that fits in a can
US Defense Dept. analyzing Bitcoin as potential terrorism threat
California Court Overturns 'Overly Lenient' LAPD Vehicle Impound Policy
Sex Offenses, No Matter How Minor or Understandable, Can Ruin You for Life
City passes new ordinance, uproots FL couple’s 17-year-old garden
What Atlantic Magazine Forgot to Tell You About Mayor Bloomberg
In WikiLeaks Probe, Feds Used a Secret Search Warrant to Get Volunteer’s Gmail
Showdown With the IRS at the Not-OK Corral
The New York Times Company Sells the Boston Globe at a 96% Loss
What's Behind the Swiss Gearing Up for Major Unrest Throughout Europe?
NYPD officer charged with multiple felonies for unlawful arrest of Times photographer
Rancher, armed militias win standoff with Feds; govt returns cattle