Tag: huffington-post

December 13, 2012 0

Socialists Denounce French Actors Leaving France for Tax Purposes; California vs. France; Patriotic to Pay Excess Taxes?

By News Desk

According to Socialist newspapers and politicians “to pay a tax is an act of solidarity, a patriotic act.” Those leaving France because of its uncompetitive tax rate see things differently. Please consider Socialists Denounce Gérard Depardieu for Leaving France Gérard Depardieu, one of France’s best-known actors, has been accused by the country’s Socialist government of lacking patriotism after he moved to Belgium apparently in a bid to avoid the taxes for which France is also renowned. On Wednesday, Prime Minister Jean-Marc Ayrault weighed in, calling Mr.

December 11, 2012 0

Bank of England Warns of Global Currency Wars

By News Desk

Bank of England Warns of Global Currency Wars By the time central banks warn about something, the practice has likely been going on for years. Today’s case in point is BoE’s King warns of growing currency competition The head of the Bank of England warned on Monday that too many countries were trying to weaken their currencies to offset the impact of the slow global economy and the trend could grow next year. "You can see, month by month, the addition to the number of countries who feel that active exchange rate management, always to push their exchange rate down, is growing," Mervyn King said in a speech