France boosting taxes before Calif. vote

July 6, 2012

By John Seiler

France voted to put in office a socialist who promised to jack up taxes on “the rich” — and he’s doing it. He follows Nicholas Sarkozy, a Bush/Schwarzenegger type “conservative” who destroyed the country’s economy with spending and debt. France is under the Euro, so it couldn’t directly control the money supply. But it has suffered from the Euro being inflated like the Greenspan-Bernanke funny-money dollar.

According to the FT:

“Roger, a senior expatriate executive working for an international company in Paris, is thinking seriously of taking a walk down David Cameron’s ‘red carpet’.

“The UK prime minister last month riled France’s new Socialist government when he declared he would lay on a five-star welcome for anyone moving to London to avoid the tax re­gime promised by President François Hollande – including his election pledge of a 75 per cent marginal rate on incomes above €1m a year….

“It is not just expatriates who are concerned. Henri de Castries, head of Axa, the insurer, is one of France’s most respected business leaders. ‘I’ve listened to Mr Hollande. He wants to see more growth and lower unemployment. He wants to see business prospering. We want to see that, too,’ he says. ‘The question is how to achieve these goals? There is no example, in modern economic history, of a country that has succeeded in reducing its deficits by bringing taxes to a confiscatory level. On the contrary, it leads to a decline in activity, and an increase in the deficits’.”

Doesn’t that sound just like what’s happening in Taxifornia? We have a socialist governor, Jerry Brown, who wants to jack up taxes on “the rich” to fund extra spending — what he disingenuously calls “deficit reduction.”

If Brown gets his way, taxes will go up, the rich — and many in the middle class — will flee, taking businesses, investments and jobs with them. The state will be even in worse shape.

Watch what happens in France the next few months. It’ll happen here, too, if taxes are raised.

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  1. stevefromsacto
    stevefromsacto 6 July, 2012, 15:58

    This just in.

    Thought I’d make a cameo appearance with some important information for those of you who hate California so much and are getting ready to move to Texas. Be careful what you wish for!

    Houston Chronicle: Feds Rank Texas Worst Health Care Provider
    Texas ranked dead last in the federal government’s latest report card on the delivery of health services, falling short in areas ranging from acute hospital care to home treatment of the chronically ill. Texas scored 31.61 — less than half of top-ranked Minnesota’s 67.31 — out of a possible 100 points in the Agency for Healthcare Research and Quality annual rankings. Rated “weak” or “very weak” in nine of 12 health delivery categories, Texas dropped from 47th place in 2010 to 51st in 2011, behind all other states and Washington, D.C. (Ackerman and Walczak, 7/5).

    Associated Press/The Dallas Morning News: Federal Agency Ranks Texas At Bottom For Health Care
    Texas ranks worst in the nation in health care services and delivery, according to an annual scorecard issued by the federal Agency for Health Care Research and Quality…. The agency identified 155 areas where it could compare the quality of health services across the country, such as infant mortality and obesity rates. Researchers used that data to generate both national and regional averages for each area, and they then compared each state to the national and regional averages to generate a score (7/5).Houston Chronicle: Feds Rank Texas Worst Health Care Provider
    Texas ranked dead last in the federal government’s latest report card on the delivery of health services, falling short in areas ranging from acute hospital care to home treatment of the chronically ill. Texas scored 31.61 — less than half of top-ranked Minnesota’s 67.31 — out of a possible 100 points in the Agency for Healthcare Research and Quality annual rankings. Rated “weak” or “very weak” in nine of 12 health delivery categories, Texas dropped from 47th place in 2010 to 51st in 2011, behind all other states and Washington, D.C. (Ackerman and Walczak, 7/5).

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  2. Ulysses Uhaul
    Ulysses Uhaul 6 July, 2012, 17:25

    California sales and income tax is now DOA…Any fool who buys into high speed rail to go to nasty hot and ugly Sacramento or to whacko SF or the desert is insane!

    As far as health care for about 8 million for free….good luck…a social policy nightmare all residents will regret.

    Reply this comment
  3. Donkey
    Donkey 6 July, 2012, 18:58

    As a part time Californian I have the insight of living in another state and what happens in California is not the norm of state government. The only way left to stop the insanity here is to starve the RAGWUS, brings the feral kooks in Sac-town back down to Earth. 🙂

    Reply this comment
  4. Rex The Wonder Dog!
    Rex The Wonder Dog! 6 July, 2012, 19:03

    Steve = thanks for spamming us yet again with your cut and paste propaganda that has absolutely nothing to do with the blog article.

    Reply this comment
  5. Rex the Wonder Dog!
    Rex the Wonder Dog! 7 July, 2012, 00:25

    FREEDOM FRIES!!!! 🙂

    Reply this comment
  6. stevefromsacto
    stevefromsacto 7 July, 2012, 09:42

    Knew I’d get a rise out of you, Rexie. Wanted to find a recent piece about how wonderful Texas is compared to California, but you guys haven’t brought up that b.s. lately. Guess you’re too busy telling lies about the Constitutional Affordable Care LAW.

    And sorry I had to cut-and-paste such a long article. I know you aren’t used to anything longer and more accurate than your Karl Rove talking points.

    Bye for now 🙂

    Reply this comment
  7. CalWatchdog
    CalWatchdog Author 7 July, 2012, 10:25

    I actually appreciate StevefromSacto’s view and always have here on CalWatchDog.com. Although I should say that, however much he despises Karl Rove, I despise him a hundred times as much. The Cheney Presidency was the most socialist since LBJ’s and was so horrible voters even preferred to replace it with Obama.

    As to Texas’ health situation, I’ll have to look into that. However, having high “obesity rates” isn’t because there’s too little government spending, but too much. Get rid of EBT cards and people will have to go out and get jobs instead of sitting around watching TV while eating candy in Section 8 housing.

    Not that Cheney or Obama has created many new jobs; nor will Romney. Only Ron Paul would have, but he’s out of contention.

    — John Seiler

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  8. CalWatchdog
    CalWatchdog Author 7 July, 2012, 11:02

    I read the full original article, which StevefromSacto didn’t include. Here’s the link:
    http://www.chron.com/news/houston-texas/article/Feds-rank-Texas-worst-healthcare-provider-3687193.php

    Some interesting points, with the quoted parts from the article:

    1. “Texas fared best — average — in the mortality rates and potentially avoidable complications of privately insured people.”

    This is important because it’s an objective number: the death rate. For a big, diverse population like Texas, you would think it would be average. It is. If it really was an unhealthy state, people would be croaking faster.

    2. Here are the top states in the study; StevefromSacto listed only the top one: Minnesota, Wisconsin, Maine, Massachusetts, Iowa. They’re all Northern, highly white states. Texas is 12 percent black and 38 percent Latino, according to the 2010 U.S. Census. So it has to deal with diverse health issues in a diverse population. We’re not talking about a bunch of Minnesota Norwegians.

    For example, nationally, blacks have a higher diabetes rate than others; and Latinos’ birth rate is about 70 percent higher than whites’. In 2010, Minnesota is 85 percent white, 5 percent black and 5 percent Latino. So it saves money by, on average, having less often to treat diabetes; and it delivers fewer babies. It then can spend that money saved on other health care.

    3. A lot of the federal ranking depended on subjective factors, such as providing lavish liberal health care: “Texas’ worst mark came in the home health care setting, where it was rated very weak for care provided to elderly and disabled who live at home.”

    Actually, Texas should be ranked HIGH for this. It prefers to keep taxes low so people can take care of their own family members themselves without depending on bureaucratic government care paid for by high taxes.

    4. “Among clinical areas, it was rated very weak for diabetes care.” This is similar to the obesity problem I mentioned in my earlier comment; diabetes is linked to obesity. So, should Texas ban big sodas, like Il Duce Bloomberg is doing in New York City?

    Conclusion: It’s not surprising that a conservative, low-tax state ranks low on a survey by a left-wing, high-tax U.S. government that wants to force free Texans into the Obamacare scheme that mainly will benefit the president’s fat-cat Big Insurance Company backers at the expense of all of us.

    — John Seiler

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  9. Dyspeptic
    Dyspeptic 7 July, 2012, 13:25

    So stevefromsacto pops up again like a jack-in-the-box (or is it jackass-in-the-box?) with some talking points propaganda sourced from an obscure Federal Agency. I noticed that the Houston Chronically Wrong article didn’t mention any scientific peer review of the “study” by the Agency for Healthcare Research and Quality. Anyone who takes soon to be extinct Dodo Bird news media articles at face value is a fool or a tool. Same goes for dubious federal agency “studies”.

    I guess we’re not supposed to notice that a Federal Agency controlled by Our Dear Leader and His minions might want to slam a prominent red state during a Presidential election year for political purposes. Maybe next time stevie you could make the cut and paste even more impressive with bold type and triple spacing.

    But don’t worry stevie, we will all shed a tear for you as you lie in some urine soaked gurney in a dark overcrowded hospital hallway waiting for your life saving medical procedure to be approved by The Commissar of Life Saving Medical Procedures. Sorry, you lose sucker because the illegal aliens already used up the quota. And don’t expect those unionized nurses to help much. They’re too busy picketing outside for higher wages and benefits to help some poor naive collectivist fellow traveler with an emergency health issue.

    Reply this comment
  10. Ulysses Uhaul
    Ulysses Uhaul 7 July, 2012, 19:22

    We are France…..

    Reply this comment
  11. Rex the Wonder Dog!
    Rex the Wonder Dog! 8 July, 2012, 15:53

    stevefromsacto says:
    Knew I’d get a rise out of you, Rexie. Wanted to find a recent piece about how wonderful Texas is compared to California, but you guys haven’t brought up that b.s. lately. Guess you’re too busy telling lies about the Constitutional Affordable Care LAW.
    And sorry I had to cut-and-paste such a long article. I know you aren’t used to anything longer and more accurate than your Karl Rove talking points.

    What I find so amusing about left wing, hardcore nut jobs like Steve and Skippy is their blind ignorance and arrogance, always making personal attacks against those that do not agree with them, usually along the lines Steve has laid out here. Claiming I am a “Republican”, or like “Karl Rover”. I HATE Karl Rove, almost as much as I hate Elizabeth Warren.

    Steve, newsflash, I m not now, nor every have been, a republican, and I never will be.

    Reply this comment
  12. Rex the Wonder Dog!
    Rex the Wonder Dog! 8 July, 2012, 15:57

    CalWatchdog says:
    I actually appreciate Stevefromsactos view and always have here on CalWatchDog.com.

    I do not appreciate his comments-Not like this one, not when it is not on topic, is 10 times the length of a normal post, and is not his own original thoughts, just the standard “cut and paste”.

    Steve doesn’t even ad in his own commentary on the propaganda piece which makes it 100 times worse.

    Reply this comment
  13. Rex the Wonder Dog!
    Rex the Wonder Dog! 8 July, 2012, 16:00

    In 2010, Minnesota is 85 percent white, 5 percent black and 5 percent Latino.

    Thanks for posting, I am shocked there is ANY state in America this white. Non doverse.

    When I lived in Michigan, which is also a northern/eastern/midwest state, it was very diverse-as was Ohio, Indiana and IL, the surrounding states.

    Reply this comment
  14. Ulysses Uhaul
    Ulysses Uhaul 8 July, 2012, 20:35

    Wonder Dog has a failing memory….read your posts…name calling an art form…the Picasso of snarlee posts against diverse opinion.

    Reply this comment
  15. Ulysses Uhaul
    Ulysses Uhaul 8 July, 2012, 20:40

    Carpetbagger telling us Californians how it is done in Michigan….land of mosquitos, all you can eat truck stops and frightening urban decayed cities.

    Reply this comment
  16. Rex the Wonder Dog!
    Rex the Wonder Dog! 8 July, 2012, 23:20

    Michigan BABY!!!!!!!!!!!!!!!!!!!!!!!

    Reply this comment

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