“These individuals are leaving ‘because they want to get even richer,’ he said. ‘We cannot fight poverty if those with the most, and sometimes with a lot, do not show solidarity and a bit of generosity,’ he added. Announcing plans to spend up to 2.5 billion euros by 2017 to help the poor, Mr Ayrault said that poverty affected 12.9 percent of the population in 2002 and rose to 14.1 percent in 2010. Mr Hollande has since introduced other hefty new charges on capital gains and inheritance, while increasing France’s wealth tax and an exit tax for entrepreneurs selling their companies.”
