THIS IS WHAT YOU GET WHEN YOU TRY TO CONFISCATE TOO MUCH!
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France’s richest man has applied for Belgian nationality – as the Socialist government in his home country raises the tax rate to 75 per cent.
The announcement by Bernard Arnault, who is worth a conservative 30 billion pounds, comes after President Francois Hollande admitted that he ‘dislikes the rich’.
But Mr Arnault’s move has led to a crisis for the tax-and-spend Socialist, with former minister Jean-Pierre Chevenement saying: ‘The vast majority of French elites do not believe in France anymore.’
SOURCE: http://www.dailymail.co.uk