Obama and Buffet Rule supporter Will Smith shocked by France’s proposed 75% income tax – ‘God bless America’

I think even the top 1% draw the line somewhere

During an interview this week with a French TV station Will Smith, who supports both President Obama and the Buffet Rule, said he also supported the idea of paying higher taxes.  He was shocked when the reporter told him about a proposal from France’s new president to raise the marginal tax rate to 75 percent.

“I have no issue with paying taxes and whatever needs to be done for my country to grow. I believe very firmly that my ability to sit here — I’m a black man who didn’t go to college, yet I get to travel around the world and sell my movies, and I believe very firmly that America is the only place on Earth that I could exist,” Smith said. “So I will pay anything that I need to pay to keep my country growing.”

 

Then the interviewer told Smith if he lived in France he would pay a 75 percent tax rate on income over one million Euros.

“Seventy-five?” Smith gasped. “Yeah, that’s different, that’s different. Yeah, 75. Well, you know, God bless America.”

That is what we will be paying if we continue the road we are on.  We cannot support all of our out of control entitlements without raising taxes since the current administration refuses to implement a budget and seriously cut expenditures.  When the taxpayers quit paying and/or leave the country, i.e. Facebook’s own Eduardo Saverin, we will find ourselves working for the Chinese government for nothing!

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