Ooh la la! As Twitchy reported on Saturday, Sen. Cruz issued a call to abolish the IRS in the wake of the IRS scandal.
He also tweeted out a bit of “good” news this morning.
How about some good news to start your Sunday? At least we don't live in France! http://t.co/58tWBS3Oe6
— Senator Ted Cruz (@SenTedCruz) May 19, 2013
The newspaper said that the exceptionally high level of taxation was due to a one-off levy last year on 2011 incomes for households with assets of more than 1.3 million euros ($1.67 million).
President Francois Hollande’s Socialist government imposed the tax surcharge last year, shortly after taking office, to offset the impact of a rebate scheme created by its conservative predecessor to cap an individual’s overall taxation at 50 percent of income.
At least we are not France. Yet. So there’s that?
— Charles Roberts,CFP® (@charlesrroberts) May 19, 2013
— TraderRLH (@TraderRLH) May 19, 2013
@SenTedCruz Amen! But on that note we seem to be getting closer to mirror France!
— Vernon Bay (@vernondbay) May 19, 2013
— Thévenin (@thevenin_) May 19, 2013
— Ed Sarlls (@esarlls3) May 19, 2013
@SenTedCruz LMAO, so true! Although they don't seem as corrupt as our Executive Branch is atm.
— B.J. Newton (@Brnewt2594) May 19, 2013
— Justin Vecera (@justinvecera) May 19, 2013
Silver lining … for now. Forward!