The new socialist government in France is going to tax the rich at 75% of their income. They say they are going to leave. You don't get 75% you get zero. Watch this will hurt the French economy and put even more people out of work.
Actually it should be 90+% because if one looks back at our history, the two years with the highest GDP growth in our history is when the top tax rate was 90% or above and the years with the highest job growth were the years with the highest top tax rates. What happens is the greedy corporate leaders see no reason to rape the company so the real workers actually end up getting paid more with that money, they spend that money, that spending creates more demand for products and because of that demand for more products, company's have to hire more people to meet the increased demand. Trickle up, you might say.
If I were as smart as some of you, I would buy some of the big corp and give all except a living wage to the government. Maybe the Unions will let Government Motors give all of their profits to the Government (China) after they pay back 40 billion to the USA tax payers.
If you understood Business you would know you don't tax a country or the people into prosperity.