Results 1 to 1 of 1

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

  1. #1
    Senior Member AirborneSapper7's Avatar
    Join Date
    May 2007
    South West Florida (Behind friendly lines but still in Occupied Territory)

    Will Smith‘s Shocked Reaction to France’s Proposed 75% Tax Rate…After Advocating for

    See Will Smith‘s Shocked Reaction to France’s Proposed 75% Tax Rate…After Just Advocating for Higher Taxes in U.S.

    Posted on May 15, 2012 at 10:59am
    by Becket Adams

    Comments (264)

    Remember when actor and comedian Jon Lovitz went off on President Barack Obama’s taxation policies? We’re sure you do. Shortly after Lovitz’ now-famous “bulls**t” rant went viral, Zombie, a blogger writing for PJ Media, posited the following theory: left-leaning celebrities are comfortable with taxation and “fair share” rhetoric — but only to certain a point.

    Named after the famous “Laffer Curve,” Zombie calls it the “Lovitz Curve.”

    And now Will Smith, a strong supporter of President Obama‘s call for higher taxes on the country’s top earners, may have found his “Lovitz Curve.”

    “The Hollywood megastar enthusiastically preached the gospel of paying one’s fair share of taxes in a French television interview this weekend,” Business Insider’s Alex Biles reports.

    “But when asked about his take on the tax policy of French president-elect François Hollande, Smith’s was shocked silly by the suggestion of a 75 percent tax rate on those earning above €1 million annually,” he adds.

    [Author’s note: although it’s difficult to understand what Smith is saying because of all the crosstalk and the translation, his reaction at the 1:20 mark is unmistakable]:

    As mentioned in the above, Smith isn’t uncomfortable with President Obama’s call for higher taxes.

    “I’m very supportive of that idea,” Smith told The Associated Press in an interview. “America has been fantastic to me. I have no problem paying whatever I need to pay to keep my country growing.”

    However, as posited in the “Lovitz Curve,” everyone has their breaking point. Apparently, Will Smith’s is Francois Hollande’s proposed 75 percent tax rate.

    Image courtesy PJ Media

    “At least [Smith] doesn’t have to deal with the prospect of Jean-Luc Mélenchon, the French Communist Party candidate, whose 15 percent showing heavily influenced Hollande’s platform in the second round of voting,” Biles reports.

    “Mélenchon ran on a promise to impose to marginal tax rate of 100 percent on those earning over €360,000 annually,” he adds.

    This story has been updated.

    Will Smith‘s Shocked Reaction to France’s 75 Percent Tax Rate | Video |
    Last edited by AirborneSapper7; 05-16-2012 at 03:20 AM.
    Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts