He isn’t the economy. The workers are.
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Bernard Arnault is worth 157.3 billion USD. $1 billion dollars is 0.6% of their wealth. That's fucking couch change. These fucking ghouls are so worried about their precious wealth they are willing to doom all of us.
Epstein's bud says it's a bad idea. France has technology to solve this problem.
"Making crime illegal would be detrimental for hospitals, electronics stores and insurance companies among others" says Europe's biggest criminal.
✅️ France running up huge deficits because it can't tax the wealthy
✅️ Wealthy obstruct any attempt to make them pay there fair share
✅️ prime minister after prime minister go down trying to fix the financial crisis
☑️ frustrated king president calls the estates general
...
☑️ this guys head in a basket
Let me fix the first: "France running up huge deficits because Macron spent his whole political career reducing taxes for the ultra-wealthy, and these parasites still pocketed a large amount of France and the EU Covid's relief money as dividends and buyback schemes."
You know, I was just thinking how awfully ironic it is that the guy who least wants his head chopped off is going to the people known for chopping heads off, giving them a reason to chop his head off.
Firstly, that's just naked projection. Secondly... GOOD.
Sincerely, we need to treat people who can't or won't conceptualize 'enough' as hoarders with mental illness. He can never use his immense opulence or spend all of what he has, and he can't be happy with it either. He should be separated from it, given a stipend that will meet all his needs and desires from it while he GOES TO REHAB, and the rest should be reinjected into the economy for social gain, and used to pay for the public programs and systems that made society work to begin with. Mostly because if it never worked he would never have had this opportunity to destroy it for his own pride.
while he GOES TO REHAB
Or we could go back to the precedent of the Middle Ages, and have him learn to free himself of worldly things by spending the rest of his life as an anchorite. Build a cell around him, attached to some remote church, and leave a slot at the bottom for bread and water to go in and shit to go out.
Every fucking time.
Goddamned, insatiably greedy motherfucker billionaires.
Confirmed by this quote in the article. Certified motherfucker.
Arnault, who lives in Paris, sparked a French national debate over tax in 2012 when he sought Belgian citizenship. However, in April 2013, he withdrew his application as “a gesture of my attachment to France and my faith in its future”, according to Bloomberg.
His source is he made it up.
Actually it has some factual basis. He's wealthy, it would be bad for him, he thinks he's the economy. He just has a big, selfish, ego.
They killed kings and queens with unbelievable wealth in France centuries ago and the country is still here. It proved that a nation can survive without a handful of people with massive wealth.
The point you're trying to make is true, but your example doesn't support it. By the time of the French Revolution, rich private citizens were already wealthier than the aristocracy, and those guys got even richer during the revolution after having bought former church or emigre land for pennies on the dollar. The French Revolution was a disaster on the wealth redistribution/"eat the rich" front.
Yeah… They didn’t kill the king because he was rich. They killed him because he was believed to be a traitor to the nation and to the revolution.
And because they just didn't like him. Murder as a method of social transformation (basically ideology eugenics) was one of the constants of radical leftwing politics during the French Revolution, so killing was just the "natural" way of getting rid of a monarch you don't want in your republic. That's where the whole "no man can reign innocently" thing comes from; the pro-execution wing (aka the Mountain) tended to think of Louis XVI as categorically deserving of death, with what he actually did being mostly secondary. I mean, these are the guys who would run France during the Reign of Terror.
But they didn't have more money.
I think about this clip from The Boondocks more and more lately
The time for talking about taxing the rich is over. Bring out the guillotines already.
Who asked the grass about mowing?
"Rich guy says that forcing the rich to pay for their fair share of the costs of having a Society where they can make lots of money, would actually be bad for those currently having to make up for the rich not paying their fair share"
I don't actually care about the economy. Improve my material conditions please
Hey y'know what other famously French thing will be deadly for rich people if they're not taxed?
You see a lot of this coming from the rich and their lap dogs. But its never not been bullshit. Pick any country you want in the world. Force Amazon, for example, to pay its full share in taxes. The muppets will say "But then Amazon will leave, taking all those jobs with them!". So... they would leave a space in the market, right? So someone else would come along and replace them. You can apply this to any industry that tries to scare people with "but X would leave". Who cares? Theres always going to be someone looking to make money. And being able to make a fuck load of amazon money would be quite awesome. And thats even with paying fucking taxes.
And as for individuals threatening to leave X country, fuck um. We dont need them sucking up all the money anyway.
There needs to be an overhaul in our various societies. Its 2025, and the idea of billionaires in a world where children still starve to death is disgusting. No one needs billions. Hell, no one needs millions. The world, if we could all agree, should limit personal wealth to 100m. Thats it. Once you start earning, through any means, that puts your wealth, in any form, above that number, you pay a 100% tax rate. Or, you can just fucking retire, and let the next generation earn their fair share.
The poor are the majority. And the rich and powerful dont fear us nearly enough...
Tax is bad, says rich guy who doesn't want to pay tax, and just arrived on his private jet, to enjoy some relaxation on his yacht, while half a dozen servants take care of everything for him, including wiping his ass.
Because billionaires getting their ass wiped, is good for the economy, average people living decent lives is not. Don't believe the evidence, believe the billionaires!
Next on:
Schools are bad for education, says 8 year old who doesn't want to go to school, but wants to play all day.
2% wealth tax on fortunes worth more than €100m has been proposed by Gabriel Zucman, an economics professor who has become a household name in France.
This in my opinion is a very moderate suggestion. I would like 1% from €5m-100m too. If you have €5m you already have more than you need.
Not taxing the wealthy is deadlier
And where they gonna go? Sure, a bunch might fuck off to Costa Rica or some other accommodative place, but those countries only have so much capacity to support the wealthy without the locals eventually demanding their cut. These people act like they’re gonna go to some tax free utopia out there beyond the ice caps like John Galt.
Here in the United States, you think assholes like Lutnick are gonna leave New York?
Please.
Fuck ‘em. Take the money.
We don't even need to to that! If they move to another country, let them get taxed there! If they still have business in this country, we will still get some tax revenue from them!
If they really move everything to some tax-free place like Somalia, fucking who gives a shit? Let them find out how well that will go for them.
The point is it takes a particular kind of very wealthy sociopath to hate their country for taxing them so much that they’ll leave, and you probably don’t want those people around anyway.
these people will still live in high tax countries, while trying to not pay taxes, they wouldnt live in places that have low taxes, because those are usually shitty places to live, or its controlled by a authotarian government.
I dunno, man, does that sound like a threat to anybody else? Bro's talking about tanking France if him and his lil' buddies have to build roads and fund hospitals. :( :( :(
"Objection! It's devastating to my bank account"
What? Do these people need a reminder about what happens in France when the filthy wealthy become absolutely detached from the oppressed?
Here in Mexico, these assholes kept telling everyone, for 30 years, that raising minimum wages would cause hyperinflation. Six years after ignoring them and raising minimum wages, suddenly, 13.5 M Mexicans got out of poverty, and inflation is okay. Ignore these hacks!
Plenty of his money comes from France. He won't leave, if he does, others want that exploitable population he'd leave behind.
Fuck your hollow threats
The greedy weasel should pay his taxes and the French people do not fuck around when they know they are about to get screwed.
Your honor I object!!
Why?
Because its devastating to my case!!!
Isn't he the asshole who said he would help pay for that famous church that burned down a while ago and never gave them a red cent?
Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
Fuck off rich asshole. Tired of them acting like they know better.
Tax wealth not work.
"Cats are a bane upon society." Says dog to newspaper.
The existence of an article specifically about his opinions on a theoretical tax shows just how disproportionate the power of being wealthy is. When is the last time any of you were consulted on a tax policy that would affect you?
Does being Europe's richest man imply that he would be the person who would pay the most wealth tax?
If so, the headline isn't going hard enough.
you guys already don't have musk, trump, bezos, ellison, zuckerberg, trump! All of them choose not to live there due to your repressive laws! Do you want to lose arnault as well! If he leaves he may never become prime minister or president. Do you really want that?
wealth taxes and handouts to the people would stimulate consumerism and make the economy run hot.
We should push the trickle up method.
You give all the cash to the poor and middle class, they guy all the goods from the wealthy and they get their money back. Easy Peasy
Instead of just making the comment I would love to see him lay out exactly why and how it would destroy them so we can laugh some more at how ridiculous this is.
If the ultra rich say your idea will ruin the economy - congratulations, you've got a great idea.
Is he showing any of his work, or is he just making stuff up? Seems like he's just making stuff up.
Also, everyone should look at the "wealth to scale" webpage: https://dbkrupp.github.io/1-pixel-wealth/ . Humans are not good at scale, and this helps visualize it.
Everyone else screaming: That is the point you rich fuck!
I've heard guillotines are deadly for the French economy too.
But the French already saw that movie so they're probably trying to get in front of any repeat episode.
Probably a good idea, if the money is used well and not just to maintain status que. Paying off loans, building good infrastructure and financing Ukraine would be some excellent ways to use such money.
"Communism is when the powerful have to abide to the same laws as our serfs" - some powerful libertarian

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