Los Angeles Business Journal

French Leader Slams Flight of the 'Greedy Rich'

Wednesday, December 12, 2012

French Prime Minister Jean-Marc Ayrault has slammed wealthy citizens fleeing the country's new punitive tax on high incomes as greedy profiteers seeking to "become even richer," the Telegraph reports. Bloomberg News looks at how France's wealthy are moving across the border to Belgium to escape a 75 percent tax on incomes above 1 million euros.