“Wealthy French wage earners are getting ready to leave France because of the threat, from French President François Hollande, of a 75% tax on their income.  The super-wealthy Denise Rich has abandoned the United States, even though she has powerful political connections in the U.S., to escape high taxes. According to the Hurun Report, published on July 31st, more than 16% of China’s rich have already emigrated, or handed in immigration papers for another country, while 44% intend to do so soon.”

http://www.economicpolicyjournal.com/2012/08/where-oh-where-are-people-going-to-go.html

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