yesterdays elections have proved one thing that people had enouth with all of this tha hapened these past 2 years more in greece that the situation is still very bad . so i believe that things will change to better.

Repost this when you have some sort of control over grammar, spelling, and the ability to actually detail us what you're trying to say.

Links or it didnt happen

Alright, I believe I know what >>1 is talking about. Let me explain:
France has just finished their election, with the winner being a socialist.
Now, the new policies in France go as follows when concerning with taxes:
If you are "rich" (earning over $1 million a year) your tax rate is now 75%. Seventy five percent tax. I'm not even joking about this. The new tax rate should be coming soon, and the economy over there will undoubtably affect here as well, as many things world-relating do. ($ signs should be treated as Euros, fyi)
Election information:
http://www.guardian.co.uk/news/datablog/2012/may/07/france-election-results-list
Info over tax rate increase:
http://very-interestingnews.blogspot.com/2012/02/french-election-hollande-wants-75-tax.html

TL:DR: France elected a socialist. Taxes go up.

So 1mill will really be making 250... seems legit. Fast way to make more and theyre still triple digits, they just need to not spend crazy

>>5 Yeah, but the only problem is it also has the potential to run everyone making over 1 mil out of the country. Most people probably wouldn't take that kind of a tax hike sitting down, they will want to do something about it.

>>6 time will tell, time will tell. And while I agree that it's excessive, who knows?

>>5 did not mean to say legit, dont know why I typed it. Lets trade that word for... understandable, useful, smart, potato

does in of you people[sleepology,kon,wisewolf]live in europe.

>>9 was born there, but don't live atm... whyyy?

Cuz theyre probably wondering why were even talking about. To them it wouldnt make sense unless we were from there. Thats just my guess

>>9 I used to live in Europe (Germany/Deutschland), but my family moved back to the U.S. which is where I currently live.
>>11 Even if I wasn't from Europe I would still be talking about this. I have an interest in economics and a growing one in world politics and plan on taking classes in them next year for my Senior year.

>>12 well not everyone thinks that way

>>13 I am indeed curious with regards to the change, up until now Europe has fallowed a general way of dealing with the economic problems... horde the money to a few, and spread the debt to the many. If it works well, it may be a pivotal moment for most gov-s in how they deal with the economy, where as if it doesn't, well... I'll use my pocket change to buy a Greek island and a French vineyard.

Perhaps some people aren't understanding/ reading earlier pasts (god forbid)
>>4
(Description/ links to story)
Also, this is fro France at the moment, not all of Europe. Surprisingly, Germany's actually doing pretty well right now. Who would've seen that one coming.

Anyway, back on topic, the tax is likely to be ineffective, considering few people make that amount of money. Here's what's [likely] to happen:
1) Giant tax imposed
2) Millionaires (most) file papers to denounce French citizenship, so no tax.
3) Govt. sees this, remedies by making denouncing papers have a higher tax on them.
4) Now poorer people can't denounce French citizenship.
5) Rich people either a) suck it up and pay the tax to denounce citizenship or b) try to find other means
6) Now with a majority of the millionaires gone, the tax revenue significantly drops, sending France spiraling downwards even further into debt.
IT'S FULL PROOF!
....Right. Sure it is.

But wait, wou;d people really go so far as to denounce their citizenship simply to avoid a tax?
Answer: Definitely.
Each year thousands of people denounce their US citizenship to stop paying taxes. Naturally there's a fee associated with this, and most people suck it up and pay it.

But why not move to another country?
Answer: Well, that doesn't solve the problem, you see. If you are a registered citizen of a country, you pay their taxes, no matter where you are. The [best] LEGAL way to avoid paying taxes would be to denounce your citizenship.

But would they really do that, I mean, they couldn't own property anymore in that country, right?
Answer: if you had to lose AT LEAST $750,000 (Euros), wouldn't you want to leave? That's a LOT of money going down the drain.

Any further questions/ arguments?

Yeah, why did europe/france think this would work