Since the arrival of Socialist President François Hollande in 2012, income tax and social security contributions in France have skyrocketed. The top tax rate is 75 percent, and a great many pay in excess of 70 percent.For those that remain, things are turning desperate: "Angry French union workers take two bosses hostage" at a Goodyear plant.
As a result, there has been a frantic bolt for the border by the very people who create economic growth - business leaders, innovators, creative thinkers, and top executives. They are all leaving France to develop their talents elsewhere.
In completely unrelated news, people are leaving California for some reason.