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If the ultra rich say your idea will ruin the economy - congratulations, you've got a great idea.

He isn’t the economy. The workers are.

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

His source is he made it up.

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.

Every fucking time.

Goddamned, insatiably greedy motherfucker billionaires.

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 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"

Apart from this guy obviously being biased and a super villain: Nobody who held this opinion was ever able to even give me a rough idea of an explanation how it should supposedly damage the economy. The excessively rich don't spend most of their wealth (which would induce growth through demand), they sit on it and watch it grow. Taxing it takes not a single cent out of the economy.

In this case we're looking at proposed 2%. The fortunes of the excessively rich grow by 10% and more in a year. So with this tax they would still get richer and richer. Attach another zero to that number, then we'd be getting somewhere.

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?

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.

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.

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. :( :( :(

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...

This is the most disgusting kind of discrimination! The kind against me!

"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!

Wealth tax or Guillotine?

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

Your honor I object!!

Why?

Because its devastating to my case!!!

The greedy weasel should pay his taxes and the French people do not fuck around when they know they are about to get screwed.

Do it, France. The wealthy are leeches.

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.

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?

"Cats are a bane upon society." Says dog to newspaper.

Fuck off rich asshole. Tired of them acting like they know better.

Tax wealth not work.

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?

169bn?

Dudes upset about getting taxed at 0.5%