In response to, Kathy Gyngell: The super rich pay more tax than ever before, Kingbingo wrote:
“when the overburdened rich, on whom the State has become so dangerously dependent,… may well decide to quit the country altogether. That is what has happened in France.”
Indeed. I work in finance and it is positively common to hear a French accent if you spend any time visiting one of the top financial firms or banks in London. That and a bilingual French school has just opened a short walk from my house in a nice area of the commuter belt.
As Kathy has correctly pointed out, France proves that you cannot just arrogantly assume your best and brightest will soak up unlimited punishment for their hard work. Not when you can easily relocate, and if you want to chat to your mum or great uncle Monty, you can just Skype or hop on a cheap Ryanair flight once a month.
