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(Foreign Policy)   Governor Barbour to French millionaires: if you want to avoid all those new taxes your new President is proposing, why not move to Mississippi? No, I'm serious. Stop laughing   (foreignpolicy.com) divider line 397
    More: Silly, Mississippi, Qui veut gagner des millions ?, capital gains taxes, sustainable level, French citizens, wealth tax, income taxes, political base  
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1981 clicks; posted to Politics » on 09 Aug 2012 at 3:10 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-09 08:41:51 AM  

way south: I'm not big on economics ...


No kidding.

Jackson Herring: oh come on, you know the day Obama won the Presidency was a dark day for the economy


Indeed, it will forever be a black mark against this great nation.
 
2012-08-09 08:43:40 AM  
It's not a tax shelter. It's a freedom shelter. You just can't speak that queer talk while you're here.
 
2012-08-09 08:46:03 AM  

Uh Oh Chongo Danger Island!: Get their menage a trois farking, se vu ple ingratiating , vino drinking asses to Bourbon Street. Nao!


Bourbon St is in New Orleans, Louisiana, no?
 
2012-08-09 08:47:09 AM  

Jackson Herring: keylock71: I can't even get one of them to explain what Romney is going to do as President that's going to improve the economy.

oh come on, you know the day Obama won the Presidency was a dark day for the economy


I see what you did there
 
2012-08-09 08:47:30 AM  

SquiggelyGrounders: mekki: Does anyone believe that millionaires and billionaires really pay such high taxes? Yes, on paper it may seem they pay a shocking amount of taxes but in reality they have accountants that find so many loopholes and write offs that they usually pay a fraction of that.

If these people actually paid what they were supposed to do, that is, the current tax percentage rather than the potential one, I think financial state of the world, especially in the US, would be very different.

So, try as I might, I can't bring myself to feel sorry for these people.


I wonder if an studies have been done to support the idea that most of the rich actually create jobs. How does that work out?

How do tax breaks on personal income lead to jobs? Sure they could hire more gardeners, personal assistants, etc.... but law of diminishing returns. What are the chances that they will just tuck that money away in a bank with the rest of their fortune rather than spend more on luxury?

Investment then? How often does buying stocks generate income for businesses? Sure it does if the company is selling new stock or reselling old stock. But isnt the vast majority traded between investors?

I might believe that tax cuts to businesses would create jobs. But why would a company hire more people if the demand isnt there? Reinvestment? Maybe; or just sit on liquidity in tough times or payouts to stockholders and management.

Can Fark conservatives explain any of this? Serious questions; no sarcasm.


I would love to hear an explanation as well but I don't think we will actually hear one.

I really think it boils down to the poor Republicans that carry water for the super rich just plain don't understand how taxation, particularly progressive taxation, actually works.
 
2012-08-09 08:49:43 AM  

Fluorescent Testicle: way south: I'm not big on economics ...

No kidding.

Jackson Herring: oh come on, you know the day Obama won the Presidency was a dark day for the economy

Indeed, it will forever be a black mark against this great nation.


it was spooky, really, just how fast the economy tanked on the news that he'd won the election
 
2012-08-09 08:53:15 AM  

ozarkmatt: Walking into this tab. Again. And will get smacked by the libs that live here. Fully expect that,

But I have to ask. There has NEVER been a situation where the government takes the public's cash willy nilly and it works out well.

Never Ever.

Am I wrong? Or am I gonna get a bunch of crap?

I'll check in the morn' see what else shows up. But since this Fark, I have a pretty good idea.


are you posting via TCP/IP ?
 
2012-08-09 08:54:40 AM  

Jackson Herring: Fluorescent Testicle: way south: I'm not big on economics ...

No kidding.

Jackson Herring: oh come on, you know the day Obama won the Presidency was a dark day for the economy

Indeed, it will forever be a black mark against this great nation.

it was spooky, really, just how fast the economy tanked on the news that he'd won the election


Its like the economy grabbed a spade and dug a deeper hole
 
2012-08-09 08:55:16 AM  

Leader O'Cola: ozarkmatt: Walking into this tab. Again. And will get smacked by the libs that live here. Fully expect that,

But I have to ask. There has NEVER been a situation where the government takes the public's cash willy nilly and it works out well.

Never Ever.

Am I wrong? Or am I gonna get a bunch of crap?

I'll check in the morn' see what else shows up. But since this Fark, I have a pretty good idea.

are you posting via TCP/IP ?


from a province of Nazi Germany?
 
2012-08-09 08:56:07 AM  
Putting aside for a moment the screenplay-worthy image of a French billionaire moving to the most backward state in the US (time for a Green Acres reboot?) I think if one of them wanted to move there for a giggle they wouldn't worry too much about.

Assuming for a moment you find Southern culture, cooking, art, architecture on a par with French:

STDs: Link
I'm sure they have their own ways of getting carnal satisfaction that don't involve a lot of interaction with the indigenous population.

Fatties: Link
Just regard that as part of the cultural landscape

Poverty: Link
Income: Link
Obviously non-issues a priori

Education: Link
And without a doubt, a millionaire is not moving to Missip to go to school.

On the other side, the South is full of amazingly beautiful places. But on the other side of that, most of it is too hot or humid for normal human beings.

Don't worry, Mr. Barbour. I'm sure none of the French job creators will do a Google search before setting up residence...
 
2012-08-09 08:56:32 AM  

SquiggelyGrounders: Jackson Herring: Fluorescent Testicle: way south: I'm not big on economics ...

No kidding.

Jackson Herring: oh come on, you know the day Obama won the Presidency was a dark day for the economy

Indeed, it will forever be a black mark against this great nation.

it was spooky, really, just how fast the economy tanked on the news that he'd won the election

Its like the economy grabbed a spade and dug a deeper hole


It was as big a mess as your house is after a bunch of racoons get loose in it.
 
2012-08-09 08:58:53 AM  
Bobby Jindal should be courting them
 
2012-08-09 08:58:56 AM  
What a burden it must be, on today's downtrodden mulch-billionaires, having to be ready at a moment's notice to emigrate to the country whose effective tax rate would benefit you the most. How much would you have to pay in accountants and tax lawyers to monitor the constantly-changing legislation of hundreds of different nations to always be sure that you don't pay a centime more than necessary?

How would you ever form the social connections that we as human animals crave? Would you have to look for solace in the arms of high-ticket call girls of a hundred nations, draped in only the filmiest of revealing silks? Would you need to replace your need for simple affection with the carnal pleasures afforded by the willing orifices and lustful desires of an ever-changing parade of youthful, gorgeous women? Would your need for attachment be exchanged for a desire for control, as restraints and chains become central to your enjoyment of your physical desires?

Because, you know, that would be terrible and stuff.
 
2012-08-09 09:00:59 AM  
The French already have a bunch of tax havens. They're called Luxembourg, Monaco, and Andorra. Also the French speaking part of Switzerland.
 
2012-08-09 09:02:23 AM  

Philip Francis Queeg: SquiggelyGrounders: Jackson Herring: Fluorescent Testicle: way south: I'm not big on economics ...

No kidding.

Jackson Herring: oh come on, you know the day Obama won the Presidency was a dark day for the economy

Indeed, it will forever be a black mark against this great nation.

it was spooky, really, just how fast the economy tanked on the news that he'd won the election

Its like the economy grabbed a spade and dug a deeper hole

It was as big a mess as your house is after a bunch of racoons get loose in it.


The economy has just been lazily sitting on the porch. Monkeys could do a better job.
 
2012-08-09 09:02:48 AM  

Philip Francis Queeg: Leader O'Cola: ozarkmatt: Walking into this tab. Again. And will get smacked by the libs that live here. Fully expect that,

But I have to ask. There has NEVER been a situation where the government takes the public's cash willy nilly and it works out well.

Never Ever.

Am I wrong? Or am I gonna get a bunch of crap?

I'll check in the morn' see what else shows up. But since this Fark, I have a pretty good idea.

are you posting via TCP/IP ?

from a province of Nazi Germany?


Paying for TotalFark using government backed currency?
 
2012-08-09 09:02:53 AM  

Skleenar: mulch-billionaires


?

Multi.

But If you can figure out how to make a billion out of mulch, I'm all ears.
 
2012-08-09 09:03:10 AM  
If I was that rich I'd head for some Caribbean island or maybe Singapore. You could easily stay in a hotel when you wanted to visit your old home country for a lot less than the extra taxes.
 
2012-08-09 09:03:48 AM  
That's right Mississippi, this is your big chance. It is everything you have been waiting for. The commies in France and made their mistake and the time has come for Ol'Miss to take is place in the sun and be the beacon to French aristocracy that it was always meant to be. First the Frogs, tomorrow the world.
 
2012-08-09 09:04:13 AM  

Lenny_da_Hog: Worked for Toyota, eh?

"Several U.S. states were reportedly prepared to offer more than double that amount of subsidy. But Fedchun said much of that extra money would have been eaten away by higher training costs than are necessary for the Woodstock project.

He said Nissan and Honda have encountered difficulties getting new plants up to full production in recent years in Mississippi and Alabama due to an untrained - and often illiterate - workforce. In Alabama, trainers had to use "pictorials" to teach some illiterate workers how to use high-tech plant equipment."


Well, considering how badly translated my Civic's owner's manual is, it's probably not entirely the workers' fault!
 
2012-08-09 09:07:37 AM  

Mrbogey: coco ebert: Sorry, but standard of living in France broadly exceeds the standard of living in the majority of the U.S.

The standard of living in France is comparable to the US. I mean, sure if you moved from the highest standard of living in France to the lowest in the US you'll see a big difference (like most of Mississippi). But do you think that someone who moves from the upper levels of French society won't find a nice place with a good standard in the US? Just about every US state has at least some area that shines. Hell, I could even name some places in Mississippi that have good schools, good jobs within a short travel, and low crime with a good standard of living if you've got the cash and job skills to buy into it.

Remember, we're talking rich people. We're not talking about a middle class Frenchman.


Nah, the best places in the U.S. don't compare to the best places in France. France has spectacular chateaus that are older than the US is. Do you really think a Frenchman would give up his mansion in the French Riviera to live in an apartment in New York City or out in the middle of nowhere in Washing ton state?

Besides, if you move to the U.S., it's a hassle to go to Europe. In Europe, you can go from one country to another as simply as getting into your private jet. I don't think millionaires in France are considering moving to the U.S. If they want low taxes they'll move to Greece or Spain.

Which is actually kind of the point of the taxes. It's not to collect money, it's to prevent riots when they increase taxes on the middle class and lower benefits to the poor. If the rich people want lower taxes in return for less stability, there are lots of places to go.
 
2012-08-09 09:09:18 AM  
Mississippi to France: "We're famous for surrendering too!"
 
2012-08-09 09:16:35 AM  

Oakenhelm: Hey, I'm pretty sure Mississippi is Number 1 in percentage of population with obesity


Came here to say this. I'm in Kentucky, which was second for obesity a few years ago and now we're down to 6th.

I am really having a hard time imagining there are places with an even higher concentration of fat-asses than this one. I am in a small department of 11 people at work, and only two of us (myself included) are not overweight.
 
2012-08-09 09:20:29 AM  

Kibbler: Translation: "tax cuts for job creatin' job creators."

Meanwhile: "ZOMG millions pay no [income] taxes, tax them!"


A million dollars in taxes to the city coffers wont go as far as the millions more that rich people spend to maintain property and employees there. If you overtax the rich folks and chase them off, how does government replace the jobs they take with them?

Maybe the coming decade will prove me wrong, but I suspect the answer from France will be that it doesn't know how to do that.
 
2012-08-09 09:21:31 AM  
Yea, please come to the United States. We're not on the brink of our own French Revolution or anything, with the US equivalent of cake being "Let them own a refrigerator."
 
2012-08-09 09:21:54 AM  

way south: Maybe the coming decade will prove me wrong


You, wrong? Unpossible.
 
2012-08-09 09:22:17 AM  

imontheinternet: Philip Francis Queeg: SquiggelyGrounders: Jackson Herring: Fluorescent Testicle: way south: I'm not big on economics ...

No kidding.

Jackson Herring: oh come on, you know the day Obama won the Presidency was a dark day for the economy

Indeed, it will forever be a black mark against this great nation.

it was spooky, really, just how fast the economy tanked on the news that he'd won the election

Its like the economy grabbed a spade and dug a deeper hole

It was as big a mess as your house is after a bunch of racoons get loose in it.

The economy has just been lazily sitting on the porch. Monkeys could do a better job.


The administration dances around the economic issues, like some sort of cracked-out jig. A boo is all I can muster.
 
2012-08-09 09:22:36 AM  

way south: Kibbler: Translation: "tax cuts for job creatin' job creators."

Meanwhile: "ZOMG millions pay no [income] taxes, tax them!"

A million dollars in taxes to the city coffers wont go as far as the millions more that rich people spend to maintain property and employees there. If you overtax the rich folks and chase them off, how does government replace the jobs they take with them?

Maybe the coming decade will prove me wrong, but I suspect the answer from France will be that it doesn't know how to do that.


You are so right. France we be a barren wasteland filled with only the poorest of the poor while Mississippi will be the envy of the world, a prosperous center of culture enlightenment provide by the largess of the Blessed Job Creators.
 
2012-08-09 09:25:52 AM  

way south: If you overtax the rich folks and chase them off, how does government replace the jobs they take with them?


Give money to defense contractors?

And how exactly would they take jobs with them in the first place? Are you one of those farking dullards that think rich people just create or destroy jobs for shiats on a whim?
 
2012-08-09 09:27:19 AM  

way south: A million dollars in taxes to the city coffers wont go as far as the millions more that rich people spend to maintain property and employees there. If you overtax the rich folks and chase them off, how does government replace the jobs they take with them?


Millions spent? Hundreds, perhaps. But I'm sure those rich farks would refuse to live there unless you paid them a lot more than they'd spend on the help.

They are NOT a net source of jobs.
 
2012-08-09 09:27:57 AM  
The millionaires and billionaires that are sick of taxes really need to band together and form their own country, Galtus. Finally they will be able to live in the utopia they deserve where they don't have to pay any taxes. Maybe they can even bring back slave labor so there are people to clean the streets, work in schools and run stores.
 
2012-08-09 09:28:05 AM  
At least the women will smell like the ones back home.
 
2012-08-09 09:28:49 AM  
Listening to the right wing noise machine, I thought France was already Socialist. How much more Socialist can they get?

and it could happen to the United States if Barack Obama and the Democrats follow in Hollande's footsteps.

Because Barack Obama and the Democrats have proposed a 75% top tax rate on the wealthiest Americans.
 
2012-08-09 09:29:52 AM  
Elaine from Seinfeld moves to Mississippi.
 
2012-08-09 09:30:11 AM  

way south: A million dollars in taxes to the city coffers wont go as far as the millions more that rich people spend to maintain property and employees there. If you overtax the rich folks and chase them off, how does government replace the jobs they take with them?


The spending that drives the economy is the middle class and then the poor. We've got the numbers, a rich guy can only eat so many chik-fil-a sammiches.
 
2012-08-09 09:31:01 AM  

Carth: The millionaires and billionaires that are sick of taxes really need to band together and form their own country, Galtus. Finally they will be able to live in the utopia they deserve where they don't have to pay any taxes. Maybe they can even bring back slave labor so there are people to clean the streets, work in schools and run stores.


Sounds like an interesting reality tv show.... maybe without slaves
 
2012-08-09 09:31:25 AM  

James F. Campbell: Also, that's former Governor Barbour, subster.


My bad. Although I would have thought that's one of those titles that you kept throughout your life even after you retire.
 
2012-08-09 09:36:35 AM  
"Ah ha ha ha ha"

"Class, en francais"

"Uh hoh hoh hoh hoh"
 
2012-08-09 09:37:18 AM  
That's quite a good idea, actually.
When the rest of us get hungry, we'll know where to go.
 
2012-08-09 09:39:50 AM  
Why does Haley like modern Frenchmen? A) They're not Catholics, and B) They're almost as white as he is.

At the same time, I'm glad to see the bobblehead crew haven't spared their hate. Because Mississippi, and Republican so bad.
 
2012-08-09 09:40:22 AM  

HotWingConspiracy: And how exactly would they take jobs with them in the first place? Are you one of those farking dullards that think rich people just create or destroy jobs for shiats on a whim?


Considering that his first and only solution to the problem of ultra-wealthy people hoarding all of their money away in offshore tax havens like Scrooge McDuck and his money bin is to cut their taxes (I don't know how this is even possible at this point - some of them already pay negative taxes, for fark's sake)... Yeah. We're not exactly talking about a Mensa candidate here.
 
2012-08-09 09:40:46 AM  
Has Barbour figured out how to swallow whatever's been in his mouth for the past few decades? Man sounds like he has half of a sammich in his mouth at all times.
 
2012-08-09 09:43:28 AM  

Somacandra: FTFA: France's neighbors have adopted different strategies to try to regain economic growth and return the costs of government services to sustainable levels. They have avoided large tax increases.

France's neighbors are doing fine except for Spain. Its the small Mediterranean countries with a much more minimal welfare state that are suffering (as well as Ireland and Spain, which also have a minimal welfare state.) Sweden, Denmark and Germany with their high taxes and large welfare states, are doing just fine. Quit lying.


We ( the US ) also did good when we had 90% tax rates on the rich during the golden age of capitalism.

You're wasting your time telling conservatives to stop lying. They depend on lying. Leo Strauss ( conservative icon ) has instructed his fellow cons to lie to hold onto power.
 
2012-08-09 09:43:44 AM  

HotWingConspiracy: way south: If you overtax the rich folks and chase them off, how does government replace the jobs they take with them?

Give money to defense contractors?

And how exactly would they take jobs with them in the first place? Are you one of those farking dullards that think rich people just create or destroy jobs for shiats on a whim?


From my personal experience: We used to have a fuel program that gave discounts to ships. It attracted alot of yachts (and wealthy passengers) to the waterfront stores.
Then someone decided that they didn't deserve such a nice benefit and ended the system.

The ships moved down island.
I'll let you guess what happened to the jobs of the mechanics and painters that maintained them.

Its not a scenario that covers for all situations, but people have a tendency to find opportunity in the places that they live and work. Especially if the laws cater to their financial desires.
If a wealthy man can make more money running their operation in the US than they can in France, the scenery wont prevent them from moving.
 
2012-08-09 09:45:09 AM  
I have always found the love of Europe fascinating by the left in general and fark in particular. There is not a country in Europe that is as good as fark makes it out to be. Just in this one example the unemployment in France is appalling. That is a lot of people dependent on the government handouts to survive. That isnt sustainable. Their housing sucks. Their education system sucks. You think of the French as cultured wine snobbish lovers of fine art but for the normal person the reality is much different. Their school systems do not value any education that has any real world applications. Very few technical or trade schools for instance. I can go on and on but didnt the riots give you a clue that things arent as rosy as you think? So in response to this the answer is to make life even MORE difficult for the types of people who can create jobs?
 
2012-08-09 09:45:56 AM  

walkingtall: So in response to this the answer is to make life even MORE difficult for the types of people who can create jobs?


False premise. They don't create jobs.
 
2012-08-09 09:46:25 AM  

way south: If a wealthy man can make more money running their operation in the US than they can in France, the scenery wont prevent them from moving.


And nothing whatsoever will convince said wealthy man to stay in the US when he moves his operations to beautiful Mumbai!!!


Yeah, let's all race to the bottom and have the cheapest slave labor...um, that is, um, work force in the world!
 
2012-08-09 09:47:50 AM  

James F. Campbell: The Green Manalishi: STDs: Link

Fatties: Link

Poverty: Link

Income: Link

Education: Link

Don't worry, Mr. Barbour. I'm sure none of the French job creators will do a Google search before setting up residence...

We're also #1 in teen pregnancies.

/I have seriously heard people suggesting that if we all went to church morefunded Planned Parenthood and offered sex education and free birth control, this stuff wouldn't be a problem.

 
2012-08-09 09:48:55 AM  

way south: HotWingConspiracy: way south: If you overtax the rich folks and chase them off, how does government replace the jobs they take with them?

Give money to defense contractors?

And how exactly would they take jobs with them in the first place? Are you one of those farking dullards that think rich people just create or destroy jobs for shiats on a whim?

From my personal experience: We used to have a fuel program that gave discounts to ships. It attracted alot of yachts (and wealthy passengers) to the waterfront stores.
Then someone decided that they didn't deserve such a nice benefit and ended the system.

The ships moved down island.
I'll let you guess what happened to the jobs of the mechanics and painters that maintained them.

Its not a scenario that covers for all situations, but people have a tendency to find opportunity in the places that they live and work. Especially if the laws cater to their financial desires.
If a wealthy man can make more money running their operation in the US than they can in France, the scenery wont prevent them from moving.


Who was paying for the discount?
 
2012-08-09 09:49:05 AM  

SquiggelyGrounders: Im starting to think there are no true conservatives on Fark. Just trolls and parrots.


There's several regulars, and they're pretty cool guys. Where we disagree on actual policy, we agree on the alarming depths of cheap Jesus jingoism and authoritarianism that defines the current GOP. Right off the bat that scrapes a huge layer of fat from the topics we should actually be discussing. I'll sit here all night with a cocktail and discuss my opinions of federal spending vs.their ideas. It's fun, and I often...gasp...learn things, which is supposed to be the desired product of a purely political conversation. I'm frequently wrong, and enjoy being corrected.

But it's usually just me and the other FarkLibtards fending off or openly mocking the retard brigade and their daily talking point or historical revision. It's pretty sad. On the other hand, I'm pretty sure 25% of all internet traffic is dedicated to arguing with idiots. Another 70% is porn, and the remaining 5% is reasonable conversation.

We have a good number of "Kos kiddies" (every bit as fingernail-on-chalkboard as a Palin acolyte), but when you look at the proportions, conservatives are overwhelmingly represented here by clowns, bots, trolls, shills, and of course True Believer window-lickers.
 
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