Telegraph [UK], by Staff 
Original Article 
 7/16/2012 10:37:32 PM 
Looming tax hikes by France’s new socialist government have triggered an exodus of the Gallic super-rich to ‘wealth-friendly’ nations like Britain and Switzerland. The latest estate agency figures have shown large numbers of France’s most well-heeled families selling up and moving to neighbouring countries. Many are fleeing a proposed new higher tax rate of 75 per cent on all earnings over one million euros. (£780,000) (Snip) “Now a large number of wealthy French families are leaving the country as a direct result of the proposals of the new government.”These properties are then bought up by foreign investors looking for a…

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