General Discussion

muriel_volestrangler

(106,229 posts)

11. Probably catching up with past years' income

Mon Dec 17, 2012, 02:17 PM

Dec 2012

Someone whose income comes from profit-sharing of movies will have complicated tax affairs that take years to complete. If he didn't have a big year in 2012, he could have paid 85% of what has come in to him this year to settle previous years' bills. Or he had capital gains taxes (from selling up properties in preparation for moving to Belgium, perhaps). But he'd put it as "85% of my income" to try to generate some sympathy.

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Depardieu says he paid 85% of his 2012 income to taxes [View all] mainer Dec 2012 OP

RWNJ Sarkozy supporter. Meanwhile, France subsidizes the movie industry which allowed him to JaneyVee Dec 2012 #1

Nothing, I messed up. Rex Dec 2012 #2

What mistake did I make? mainer Dec 2012 #4

Sounds like Gerard (sp?) is making a smart move... n/t a geek named Bob Dec 2012 #3

Nobody pays 85 % of its income in taxes in France. This is bull. Mass Dec 2012 #5

Guess the press will have to take it up with Depardieu mainer Dec 2012 #6

I think I found the explanation for the 85% mainer Dec 2012 #9

Well, it is obviously junk, and people should know. Mass Dec 2012 #10

If you pay quarterly, it's possible to have paid your 2012 taxes mainer Dec 2012 #14

Still does not work that way in France Mass Dec 2012 #19

Probably catching up with past years' income muriel_volestrangler Dec 2012 #11

You may be on something here. Mass Dec 2012 #20

He's leaving because the president plans on raising the tax to 75% TexasBushwhacker Dec 2012 #22

Another pile of crap. Some people are leaving. Mass Dec 2012 #23

There's plenty of rich Arab oil sheiks around who will buy up the mansions Cleita Dec 2012 #26

Gentrification! AngryAmish Dec 2012 #36

This message was self-deleted by its author mainer Dec 2012 #37

With wealth tax at 1.8%, it's possible mainer Dec 2012 #40

There are alot of others who pay 85% of their income in taxes. aandegoons Dec 2012 #7

I'm trying to come up with a calculation for this to happen mainer Dec 2012 #24

Your right it can't happen my bad. aandegoons Dec 2012 #29

Well, you know, I'm always ready and willing to be proven wrong mainer Dec 2012 #31

And ready and willing to believe. aandegoons Dec 2012 #32

Until you can prove it's wrong. mainer Dec 2012 #33

Errr... Mass rebutted the whole thing. aandegoons Dec 2012 #34

Wow, Mass has Depardieu's tax statement, that's amazing. mainer Dec 2012 #35

I am sure you are. aandegoons Dec 2012 #38

Better than Romney, who dodges taxes, yet keeps his passport and SS card... Barack_America Dec 2012 #8

****BULL*** uponit7771 Dec 2012 #12

I'm sure there will be lots of movie offers for him in France once he renouces LiberalFighter Dec 2012 #13

Depardieu is mostly a lazy actor. JDPriestly Dec 2012 #15

Selling his home in France for $65 million LiberalFighter Dec 2012 #16

marginal tax rates under Eisenhower in US: 93% librechik Dec 2012 #17

Except in France, I think they actually collect those taxes mainer Dec 2012 #18

they got tax breaks to invest in new equipment and so on--it worked to keep infrastructure going librechik Dec 2012 #41

Yup, because being limited to only $100M just isn't enough. WTF is wrong with these people? n/t Egalitarian Thug Dec 2012 #21

Someone's comment about the guy. LiberalFighter Dec 2012 #25

This thread just barely survives a jury vote Capt. Obvious Dec 2012 #27

If I'd posted the same story from the New York Times, would it get alerted as well? mainer Dec 2012 #28

This isn't the first time that I've seen an alert hughee99 Dec 2012 #44

Good -- that should happen here, too obamanut2012 Dec 2012 #30

So what? He still has to pay French taxes on French investments. ieoeja Dec 2012 #39

Really? SomethingFishy Dec 2012 #42

I posted a 4-paragraph excerpt of the article. mainer Dec 2012 #43

More on the French reaction mainer Dec 2012 #45

Adieu, rape defender Depardieu. Starry Messenger Dec 2012 #46