TAXES 2

HEARD ON THE STREET…

FRANCOIS HOLLANDE, THE SOCIALIST CANDIDATE FOR THE FRENCH PRESIDENCY, SAID HE WOULD INTRODUCE A 75% TAX RATE ON HOUSEHOLD INCOMES ABOVE EURO1M.

HE HOPES THE MEASURE WILL DISCOURAGE FIRMS FROM PAYING HIGH SALARIES.

BY THE WAY, DID YOU KNOW THAT ON AVERAGE, PENSION CHECKS TO FORMER CAC40  CEOs REACH 900.000 EUROS PER YEAR ?

DID YOU ALSO KNOW THAT STILL ON AVERAGE, PENSION CHECKS RECEIVED BY ORDINARY RETIRED FRENCH PEOPLE ARE LESS THAN 15000 EUROS PER YEAR.

I HATE ADMITTING THAT MY « FRIENDS » HAVE A POINT….

REMEMBER IN THAT REGARD YOUR BUSINESS STATISTICS CLASS AND THE STANDARD DEVIATION FORMULA THAT MEASURES THE DISPERSION AROUND THE EXPECETD VALUE ?….

 

IF I CAN’T REMEMBER WHO SAID   »UPPER-LEVEL PEOPLE ARE PROUD TO BE PAYING TAXES IN FRANCE. THE ONLY THING IS , THEY COULD BE JUST AS PROUD FOR HALF THE MONEY » ?…  I DO REMEMBER HOWEVER THAT THE GERMAN-AMERICAN SCIENTIST, ALBERT EINSTEIN SAID « THE HARDEST THING IN THE WORLD TO UNDERSTAND IS THE INCOME TAX » !…

 

PHLDUCX