Sunday, September 09, 2012

Belgium Or Bust

France's richest man is getting out of Dodge:
A Belgian newspaper says Bernard Arnault, France’s wealthiest businessman and boss of the LVMH luxury house, has applied for Belgian citizenship.

La Libre Belgique newspaper reported Saturday that Arnault’s citizenship application was confirmed by the head of Belgium’s naturalization office.

French media drew a connection to French President Francois Hollande’s plan to raise the tax rate on France’s highest earners to 75 percent.
This seems to be a pattern in Europe these days...

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