Sacre bleu!
I guess it is true: The problem with socialism is that sooner or later, you run out of other people's money.
Unless, of course, they are socialist ministers. And they are hiding their money in Swiss bank accounts:
http://www.ft.com/cms/s/0/f83f07b8-a...#axzz2PzTwBC1J
Now French government officials have one week to disclose all of their assets:
http://www.france24.com/en/20130409-...ande-socialist
Serves them right. The higher a tax is, the greater the incentive to hide income and dodge the tax. This leads directly to corruption at all levels, including in government.
When tax rates are 70%, the number of people willing to commit tax fraud is vastly higher than when the tax rate is 10-20%.
French Socialists and their Swiss back accounts
