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Purveyor

(29,876 posts)
Tue Jan 22, 2013, 12:21 PM Jan 2013

Sarkozy's Plans 'To Dodge New 75% French Tax Rate By Moving To London...'

Nicolas Sarkozy is preparing to move to London to set up a billion pounds plus investment fund, it was claimed today.

If the move goes ahead, the controversial Frenchman will become the latest to escape a potential top tax rate of 75 per cent in his home country.

He and his former supermodel third wife Carla Bruni-Sarkozy would be likely to settle in an affluent district like South Kensington – so becoming the most high profile Gallic celebrity couple in the city.

But the former president is under investigation for corruption in France, and if he does cross the Channel there will be outrage.

Read more: http://www.dailymail.co.uk/news/article-2266331/Nicolas-Sarkozy-Carla-Bruni-dodge-new-French-tax-hike-moving-London-setting-1billion-fund.html#ixzz2IipSqDzO

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unblock

(52,116 posts)
3. that's hard to do. much easier to make it illegal for them to move their MONEY out of the country!
Tue Jan 22, 2013, 12:41 PM
Jan 2013
 

Sen. Walter Sobchak

(8,692 posts)
5. I hope he is planning on taking some english classes
Tue Jan 22, 2013, 01:23 PM
Jan 2013

Would you invest your money with this guy?



I have seen Sarkozy speak english in person, it was painful to everyone in the room.

Nye Bevan

(25,406 posts)
6. The EU has freedom of movement, with not even passport control between most countries.
Tue Jan 22, 2013, 01:29 PM
Jan 2013

Obviously high earners are going to move.

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