Vermögenssteuer wäre tödlich für die französische Wirtschaft, sagt der reichste Mann Europas
https://www.theguardian.com/business/2025/sep/21/wealth-tax-would-be-deadly-for-french-economy-says-europe-richest-man-bernard-arnault
Von Majano57
Vermögenssteuer wäre tödlich für die französische Wirtschaft, sagt der reichste Mann Europas
https://www.theguardian.com/business/2025/sep/21/wealth-tax-would-be-deadly-for-french-economy-says-europe-richest-man-bernard-arnault
Von Majano57
46 Kommentare
Europe wealthiest man does not want the ultra rich to be taxed
That reads like the headline of a satirical newspaper.
I think this guy needs a tax break!!!
Well, he would, wouldn’t he.
Rich man threatens French economy if he has to pay more into it.
Turkeys think Christmas should be abolished
I so feel for this poor, poor man.
Tbh wealth taxes are risky for individual countries. They should be introduced EU wide.
I swear being a billionaire should be classified as a mental illness of some kind.
No single human needs that amount of money and no one will change my mind on this. And yes, I understand that the money is not cash, but assets, but still. Just remember – a million seconds is 11 days, but a billion seconds is 31 years. And this guy sits at 170bn and cries over 2%. Absolutely pathetic. This is just hoarding and makes them so far removed from reality that it’s not even funny.
This is an absolutely INSANE amount of money, and also gives you an insane amount of power and influence over all sorts of things. This is not normal, but I am not sure if that class of people can be stopped anymore.
I feel for the guy. I’d be sad too if I had $169 billion and had to give 1 billion to the government. It’d take me a whole month to make that kind of money back. Unacceptable. Thoughts and prayers go out to all the ultra rich people out there.
Eh. Let’s try it.
If the rich cunts bugger off, someone will replace them eventually, and I am okay with it being a small business or a cooperative of small businesses.
It’s not like these rich cunts spend or invest locally anyways.
Yeah right. Gtfo with that bullshit.
Sounds like a ringing endorsement to me!
How about we just try it and see what happens
2 in the thoughts 1 in the prayers
I AM THE ECONOMY
Poor thing will starve?
Fuck you. Tax em‘ more.
Riiight. Let’s try it anyway!
I’m willing to take that risk.. perhaps we could vote on this crazy idea?!
The Socialists want a 2 % wealth tax on the ultra rich, but the rich resist, and the French government still faces a deficit problem, so it has to find revenue somewhere.
A simple solution could be to offer zero or very low tax on assets held in French bonds, or a reduced rate for investments in France.
This approach would reduce capital flight. But should start with 2% to squeeze the rich a bit first huhuh
>Arnault – previously the world’s richest man – claimed that a 2% wealth tax would be an “offensive, which is deadly for our economy”. He also said he was “certainly the largest individual taxpayer and one of the largest professional taxpayers through the companies I run” in France.
Dude is worth £125 billion and is crying a 2% increase on taxes will somehow destroy the economy. He wouldn’t even feel it.
r/nottheonion
because defunding schools and hospitals and forcing more people to work way past their body’s limits and making people who have less to sacrifice more is better? stfu bernard arnault
hey man if taxing the ultra rich 2% is deadly for this economy maybe this economy needs to fucking die
We’ve tried taxing everyone and everything and nothing changed. The French state can’t help it. It will overspend.
Taxing the ultra-rich won’t solve France’s deficit problem.
Conflating what’s good for his own bottom line with what’s good for France as a whole is pretty rich. Everywhere these billionaires amass wealth and power, the people inevitably become poorer and less free.
Bernard Arnault don’t be so greedy.
Cute
Tax them, if they threaten to leave let them go. If they’re a citizen of the country and they leave to avoid taxes seize all property they leave behind to cover the taxes they aren’t laying. Remove all benefits they’d receive as a citizen. They’ll soon come back…especially if it becomes the rule of the EU. Where are they going to go?
Then we’re screwed.
We can’t afford to let the wealth inequality keep growing but apparently trying to shrink it will destroy the economy.
Don’t have democracy, said the dictator, it will wreck everything.
How about France nationalizes all his companies instead?
„… says Europe’s richest man.“.
Seize all his material assets, his stocks, shares, houses, cars, yatchs, everything. Put all of it into the public coffers.
Let’s just try it. Perform an experiment. See if it doesn’t improve life.
Dragon defending his hoard.
Let me play the world smallest violin for our billionare man
Water is pure evil, says house fire.
Also, tax the rich before it gets even more ridiculous than it is now. I’m not a communist, but there’s no sane reason anyone should be this grotesquesly rich, when billions of people are struggling.
Cigarette company says that smoking is not harmful to your health.
You can tax him and all other rich people 99% – it will still not solve the problems of your sinking welfare state 😂
U are all idiots – the rich pay disproportionately more taxes than what you lot pay – and the value for money what we all get is still SHIT, because the system is shit and not transparent
it’s no wonder why UAE attracts all the wealth – the only way to solve the problem is lower taxes, end of welfare and flat tax for all
Make Europe great again! On the road we are now on – we will never be competitive to china or the US
They would run to usa and we would be even more cooked.
I think „wealth tax“ describe this poorly, maybe „ultra-wealth tax“.
First, a „wealth tax“ usually means „hardly noticeable“ aka well below 1%. Switzerland is kinda a tax haven, but [still has a wealth tax](https://thepoorswiss.com/wealth-tax/). Zurich has a wealth tax of 0.05% so if you own 40 M CHF then you pay 20 k CHF.
Second, the wealth tax proposed for France would be 2% above €100 M. 2% would normally not be „hardly noticeable“, except that if you own €100 M then you’ll likely spend your time worrying about other concerns.
Third, the 75 brands under Bernard Arnault’s LVMH all sell overpriced conspicuous consumption, which almost nobody could afford in France. We’re talking extremely conspicuous to be conspicuous here, like Louis Vuitton, not „conspicuous but you can justify it“ like Apple or Tesla. It’s highly unlikely his opinions have much bearing upon your life.
Of course, Bernard Arnault does play some role in the French economy: As French people give away 70 billion EUR per year crusing around in cars that burn imported oil, Bernard Arnault helps convince those oil barons‘ families to give some back. That’s another conversation though since that money only comes back to French banks.
Fourth, the ECB had -0.5% interest rates for several years, which hits average people more than the wealthy, so progressive weath taxes and ultra-wealth taxes semi-compensates.
Fifth, conversely there maybe some concern here in that ultra-wealth taxes usually work their way down upon the average person eventually. If [France’s top 7.1% are considered „rich-ish“ then that’s only €3,673 per month](https://www.lemonde.fr/en/france/article/2022/06/03/france-has-4-5-million-rich-people_5985520_7.html), but [an average two bedroom flat in Paris costs €2,366 per month](https://investropa.com/blogs/news/average-rent-paris), which leaves €1,307 in living expenses. It’d suck for you if this 2% ultra-wealth tax turns into 2% for everybody in 30 years. It should be crafted carefully, like maybe the law should limit the proportion of the population to which the tax applies.
The pig does not want to be porkchop? Colour me surprised.
Ooh poor guy
Well he would, wouldn’t he?
Says who?
ah.. right
It’s not just that he’s the richest man in europe, but that his wealth depends on rich people buying useless luxury items.