The presidential candidates of the second round of elections, the socialist François Hollande, who is in favor of introducing a tax of 75 percent for the richest French, and the current president, Nicolas Sarkozy, who has not remained consistent with his policy of limiting the wealth tax to 50 percent, do not represent a very bright future for the richest class. population, the French magazine "Kapital" reported.
The number of French households whose annual income per household member exceeds 100.000 euros has increased by 36 percent compared to 2004, and now it is around 450.000, while the number of people with an annual income of more than 500.000 euros has increased by 84 percent compared to the same period. reaching a figure of 13.400.
The wealthiest French people mostly live in Paris, above all in the most prestigious seventh arrondissement, where the average wealth per capita is estimated at around 3,5 million euros.
A large number of French rich people live in the suburbs of Lille, Villeneuve d'Asc, or in the municipality of Mougins in Cannes, where François Hollande also has a luxurious villa. One of the many techniques for reducing the tax rate on income is investing capital in the restoration of historical monuments, which allows the investor to pay tax in the maximum amount of 20 percent.
However, high tax rates for the richest in order to reduce the public deficit are acceptable from a moral but not an economic point of view, because it can lead to the emigration of a large number of professional staff and creators of innovative companies, who participate in the creation of wealth.
According to a confidential survey by "Kapital" magazine, several hundred French people, whose property is estimated at more than five million euros, want to move out of the country, regardless of the outcome of the presidential elections scheduled for May 6.
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