There’s no Laffer Curve because you know, the rich and the high income peeps will just sit there and wait to be plucked. As Richard Murphy keeps telling us they will:
The 63-year-old star has bought an unglamorous-looking former customs official’s house in the village of Nechin, a stone’s throw from the nearest French town of Roubaix.
The corpulent screen icon is the latest rich Frenchman to flee the country ahead of a new tax of 75 per cent on all earnings over one million euros – around 850,000 pounds. Belgium’s top rate is 50 per cent.
Around a third of the 2,800-strong population of Nechin was already French, the village mayor Daniel Senesael said.
He added: “He has moved in already and he is very welcome here.
“He enjoys our countryside and our easygoing, rural way of life. And of course he also enjoys our lower taxes.”
No, no, don’t pay any attention at all to the real world. The Murphmeister has spoken and that’s what matters.