France To Repeat Indira Gandhi’s Mistake- Impose 90% Tax Rate! Future Of Europe! Kinjal Choudhary
France To Repeat Indira Gandhi’s Mistake- Impose 90% Tax Rate! Future Of Europe! Kinjal Choudhary
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In this video, we delve into France’s looming financial crisis and economic decline following the unexpected success of a hard-left coalition. The Popular Front (NFP), led by left-wing politicians like Jean-Luc Melenchon, is pushing for significant changes including a staggering 90% tax on incomes over €400,000. This controversial move mirrors Indira Gandhi’s infamous economic policies in India.
Key Points Discussed:
Economic Policies: NFP plans to increase public spending by £125 billion, raise the minimum wage, and implement price controls on essential goods like food, electricity, gas, and petrol.
Taxation: The introduction of a 90% tax on incomes above €400,000 aims to subsidize various social benefits, but it raises concerns about the exodus of wealthy individuals and potential economic repercussions.
Welfare and Demography: The proposed welfare benefits include extensive child care and medical care for illegal residents, and automatic citizenship for children born in France to foreign parents. We also discuss the demographic shifts with France’s Muslim population potentially becoming a majority in the next 40 years.
Historical Context: Analyzing the impact of high tax rates on consumption and employment, and drawing parallels with past nationalistic movements in Europe. We explore how nationalism was managed post-World War II and the role of external threats like Russia in shaping European unity.
Lessons for India: The implications of freebies on a nation’s economy, the dangers of high tax rates, and the threats posed by far-left and jihadist lobbies. We emphasize the importance of timely addressing illegal immigration to protect a country’s socio-economic fabric.
Join us as we discuss the potential consequences of these radical economic policies and what India can learn from France’s situation. Don’t forget to like, share, and subscribe for more insightful discussions on current global events.
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NEWS:
The left-wing French coalition hoping to introduce 90% tax on rich
Multiple parties are jockeying for position in the aftermath of France’s seismic snap election. The leftist New Popular Front (NPF) insists its ideas should be implemented.
France ’on the brink of financial meltdown’ as ’rich to flee country over 90 percent tax’
Fact Check: Did personal income tax slabs between 1971-72 touch 93.5 per cent?
Former Prime Minister of India, Dr Manmohan Singh was the Chief Economic Advisor of Government of India between 1972 to 1976.
#FranceCrisis #HighTaxRate #EconomicDecline #FrancePolitics #IndiraGandhiMistake #JeanLucMelenchon #EuropeanFuture #Nationalism #ImmigrationPolicy #EconomicPolicy #KinjalChoudhary #BharatSamvad #farleft #farright #marinelepen
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