QBall QBall:
Seeing how the newly elected PM in France was ready to enact a 75% income tax (not sure if that was ever enacted) on people earning over 1 million Euros a year (Laffer curve engage!) I would guess overtaxing the wealthy is a French thing.
Or possibly an American thing, seeing as how many presidents, Republican and Democrat raised the marginal tax rates far higher than that, and managed to pay for a war, education for vets, schools, hospitals, infrastructure, and just about every other essential service people take for granted today.
http://www.taxpolicycenter.org/taxfacts ... ?Docid=213