How France's surprise election outcome poses new questions | DW Business 

Unmovable property is a small amount of their wealth, they very much can simply move to another European country

beyond the fact that they can sell all those , most of their money is not physical

You don't seem to understand many things. The wealthy would get ready to move their assets, at least what is known as current account. Along with that, they take their productive apparatus somwhere else. The workforce on its own doesn't have either the experience or the capital to sustain on its own. Read the history of Venezuela in the last 20 years.

You really have no clue about how assets work, do you?

It's patriotic to pay their fair share. I remember a bunch of millionaires wrote US congress telling them to tax them more.

French people and companies are already the most taxed in Europe

Tax revenues actually go down once you ask for taxes beyond a certain point

Ok big nose

Try to find a workable middle road

@@ww32 hotels are key, housing is a huge issue

There is no Fascism in France nor anywhere in Europe.

@@jaaksavat7916 an utopia in the current world... LOL

@@_Historia_Magistra_Vitae really hope you're being ironic...

They can leave to another European country

Nobody’s going to stay in France if the tax rate is 90%

@@Agtsmirnoff Sure, but the French love speaking their own language, and they can't bring their assets with them. They would need to sell them or abandon them. If they do business elsewhere they'll be replaced. The whole "rich will leave" myth is based on a capitalist myth of the rich being the only ones wifh the investment money, ideas and jobs. But these are just preexisting conditions they exploit. The real problem will be the EU and IMF forcing France to play by neoliberal rules, but France is also the biggest military force and the second biggest market in the EU, so they have some leverage.

They can HQ in a different country after selling what they can, especially in a country that'll give citizenship if enough investment is done

@@johnnybrave7443 Sell to whom? Another rich? Or to governement, under the price, or even better, lose it as it's taxable. If a tax system is designed properly, they can headquarter wherever they want. A hq in a country that sells citisenships is a great way to lose reputation.

So don't elect the Far Right then.

Math is universal. In french we speak of "majorité absolue" to describe a share of strictly more than 50% of the votes. Whereas "majorité relative" (plurality) describes a share of less than or equal to 50% of the vote that is the biggest unitary collection of the expressed votes. "Pluralité" means diversity or multitude in French, so "plurality" is a bit of a false friend.

Because the military (i.e the defense of the nation) is actually the explicit and implicit duty of any government. It goes hand in hand. But the same cannot be said for social services. You want food? Buy it. You want a doctor? Pay him. You want nice housing? Rent or buy it. There is no objective reason why the government should make sure the people don’t go hungry. I know you probably desperately want it to be the other way.

Against, nothing french in this alliance!

Ridiculous

Then we all laugh at the Iranian’s sham “choices”

Yes, considering the only one 25% of the vote

You do realise that extremism of either side is dangerous right?

@@meerkats9317 democracy and freedom, just like they preach the world everyday.

I don't see them worried about the left, it's only the right that scares them, even centrists are considered far right nowdays

@@meerkats9317 But far left doesn't exists tho ?

Authoritarism on the left practically disappeared. Not even the so called "communists" advocating for overturning democracy in favor of dictatorial communism. None of them want to weaken or end democracy to ensure they stay in power. The right-wing does unfortunatly so I worry more about them.

Great nation = great brain washing, only when there is no more nations and power hierarchies there will be no wars and poverty.

Say Wallahi

It's not a direct democracy.

Apparently not. What kind of kooks make up this leftist nonsense? Why on earth would the Center side with them?

So you agree with the newly elected left that the voting system should be changed to be made proportional? And when the RN with a third of the seats will still have no majority you’ll be happy?

@@pomperidus you think the leftist have any integrity? Of course they won’t.

@@pomperidusYou need to learn the difference between a majority and plurality. No one won a “majority” in the French election. Not even close. A majority = 50.01+%. Anything below that is called a plurality. Meaning, the highest number below 50%. The left won a plurality, but not a majority. The RN nearly doubled its seats from last time, and won the most votes. Its victory is only delayed. And the more immigrants arrive in France, and the less French France looks, the faster its victory will arrive.

True. Tax the rich. Would make the rich move out. Open border, would make the poor immigrant come. It would be double whammy. This is path for the far right win in the next election.

if they move out they're gonna magically lose their revenues and investments?? do you realize how economics and the real world of capitalism works? apply some logic to your reasoning, just like criminals who don't want to pay taxes, they are sent to jail and somebody more responsible takes the lead of the company to assure it keeps going strong, the companies are simply just changing hands, if they don't wanna pay the taxes. there is a lot of responsible and capable people that can fullfill those roles for the state to benefit from, instead of the wealthy, they rich will allwayas get ate up either way, they will just lose a lot more than they win by getting out of france, if they wanna leave france, because france is a huge economy in itself. also, if the rich fall off, there will be way more competition from a 1000 other companies with better products than the elitist products...its just human nature, you gotta try to understand it better. the redistribution of the money to the middle and lower classes is what makes the economy grow exponentially stronger, thats why the leftists are apologists of money redistribution for those classes, because it creates more and better competition than giving it to the rich to just leech off.

they can piss off then.

I guess the rich were not the patriots they thought they were

So what?

What would be the relative weight in number of seats of the communists in a possible left+center coalition? If you can’t give a close estimate without googling why did you bother us with your uninformed and extremely misguiding opinion?

@@pomperidus I looked at what their party platform identified with. Youth will vote to put chains around their own legs, yelling how tolerant they are though expensive educations. The conservative farmers feed the ill-informed highly educated Communist.

Nah

Oh boy imagine actually believing this😂

@@Agtsmirnoff How's that boot taste?

imagine being this naive ....

@@Joe-cb6ex how does that economic illiteracy feels like ? maybe drop the mob mentality and start thinking rationally

Ha yes , becoming a Venezuela is a very good thing

Is your income over 120,000€ per year? If not I wouldn't worry you would not fall in the "tax the rich" category.

@@AaronOkeanos what a you talking about. I pay 38 procent tax and 22 procent debt tax 60 procent total. And i am earning 60 K every year 👊 f*** taxes ! Its should not be like that ! Max 10 procent income tax ! Under 1 mil.

@@user333-us4qz Someone has to pay the taxes there are costs involved living in a society. Especially one with public healthcare like France. Infrastructure, schools, etc. And I would prefer those who have less problems paying should be paying more which is the very concept of "tax the rich". Who knows maybe they can reduce your tax when they tax the rich more.

How are you going to pay for the pensions, healthcare infrastructure, education but taxing those that pay little or no taxes should pay as much as anyone else.

@@jaaksavat7916 it’s funny, because the people you are complaining about are currently evading taxes in the United States. As a middle class person, I’ve paid more taxes than plenty of millionaires and billionaires for the last 10 years. They’ve had their day. Tax them now.

It really is easy, they have paid off elected officials to not do it.

The hardest part is getting in power. Most countries shift between conservative and liberal governments and both don’t try to tax the rich. The left hasn’t been in power and definitely not absolute power in the west before

By who? Macron? It never had been the plan with him, he comes from banking world and was supported by most of important businessmen.

Almost impossible unfortunately. The rich will always find loopholes to evade taxes

@@tobias41641 not when the poor have finally had enough. It's coming.

Maybe, maybe not. Macron is the only western leader that wants a direct conflict with the Russians in Ukraine. He wants French troops in Ukraine despite pushback from the US and the UK. Putin's feelings probably wouldn't be hurt by the prospect of Macron bowing out from French leadership. That won't be happening anytime soon, now.

There's literal COMMUNISTS in that coalition but they are not far left, lol. Melanchon himself is a communist. 😂 But not far left, no. 😂😂😂🎉😂😂😂😆😆😆😆😆😆😆😆

​@@Just_another_Euro_dudeBut some like the Socialists are not far left. Holland for instance was president already.

Precisely because the far left is only one of the 4 parties of the coalition that includes moderates and soc-dems. There is no conspiracy the far left branch is regularly called far left by the media that precisely documented the rise of the extremes (plural) in France. It was a major topic to know if such an alliance could happen despite the ideological differences between the far left and the centre left and many feared the far-left side would afraid voters. Some Macron and right supporters did not want to vote for LFI even against RN for instance.

Not really relevant here

@@soundscape26 Extremely relevant, actually. 😂

Does Putin still have an internet connection?

Yeah sure right 👌believe it when I see it