Just listening to some non-story on Radio 4 this morning about the worry of Hollande's policies sparking a flight of capital from France.
One 'entrepreneur' interviewed is off to Signapore to escape regulation and capital gains tax. It seems that his self-proclaimed public-spirited dedication to assisting start-up business is conditional upon tax breaks. And Brits from Muswell Hill drawn to the Dordogne by the lure of sun,wine, cheeses and cheap period properties to restore are now running scared of punitive taxes on second homes. Apparently these are the dangers of a government trying to make the better-off in some way shoulder their share of the pain of recession in a modest attempt to alleviate the worst of austerity. Such governments should be aware of the risks of the middle classes sulkily upping sticks and moving away.
Good. Fuck them all. When it comes to economic migration, the levels of class hypocrisy and double standards is simply staggering:
Imagine the outrage of a migrant worker blatantly saying that he was fed up with his own country where there were few prospects of employment and no welfare or health system - so he was heading off somewhere that better suited the needs of him and his family - someone like Britain for example. The Daily Mail would bust a bollock in outrage.
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