Sarko on Elba

by Mark Steyn

In the old days, Napoleon went into exile. But these days French leaders go into tax exile:

Sarkozy’s Plans ‘To Dodge New 75% French Tax Rate By Moving To London With Wife Carla And Setting Up £1bn Private Equity Fund’

This bit is very Gallic:

Details of the planned move were uncovered during a raid by fraud police on Sarkozy’s Paris mansion last June.

When your tax rates are so high even the corrupt politicians are moving out, you’ve got a problem.

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