How does Europe tax its millionaires?


Taxing incomes over the one million mark at a rate of 75% as François Hollande is suggesting will not cause French millionaires to flee to our European neighbors. Using the example of a taxpayer earning 1,2 million every year, we compared the exact amount of taxes he would be paying in France, Germany, Belgium, Spain, Italy and the UK. Not without a few surprises. Article continues at