Wednesday, September 12, 2012

DOUBLE STANDARDS

One of the constant themes pursued by the owning class is that workers should be proud of "their" country and if necessary from time to time take part in wars to protect it. However a recent example of this patriotism not necessarily extending to the owning class was recently revealed. Frances richest man Bernard Arnault (reputed to be worth £32 billion) has applied for Belgian citizenship. "He says the switch is for personal reasons. But few doubt that the "personal reasons" amount to a desire to insulate his wealth from the punitive taxes being threatened by Francois Hollande, France's new Socialist president. These taxes include a promised 75 per cent super-levy on annual incomes over ! million euros." (Times, 11 September) When it comes to protecting their immense wealth the owning class have little time for patriotism. RD

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