Mises Wire
Author:
Carmen Elena Dorobăț
Online Publish Date:
A year ago, France scrappe d the infamous 75% income tax that had made Gerard Depardieu move to Russia, € 7 billion in assets to be transferred to Belgium, and many others to flee into less burdening fiscal systems. The tax—applicable to earnings over € 1 million—had been ardently disputed by various analyses using the equally disputed Laffer