Gerard Depardieu Is Latest Refugee From French Millionaire Tax; Escapes To Belgium

Tyler Durden's picture


Three months ago many were angry and surprised (or not at all, as realistically this was a perfectly logical move), when Bernard Arnault, head of LVMH and the richest man in socialist France, decided he had had enough, and would move to Belgium to avoid Hollande's punitive taxes on France's wealthiest. The indignant media's mocking response in France was fast and furious, with many delighted to see the billionaire leave. We wonder how the media will respond as more and more wealthy Frenchmen decide, now that the seal has been broken, to do just that and leave France to its grassroots movement where it is only "fair" that those who have more income and/or wealth, pay more than everyone else to keep the myth of the ponzi scheme formerly known as the welfare state alive and well. Such as one of France's most popular actors, Gerard Depardieu, who is the latest high profile departure to leave his native country and go to Belgium to avoid the second coming of the "fairness doctrine" (the first one of course, doing less than spectacularly with that whole USSR thing).

From The Independent:

Gerard Depardieu is to leave his French homeland for Belgium in order to pay less tax.


The actor is the latest high profile figure to leave France after a series of wealth tax hikes by President Francois Hollande.


According to the local mayor Daniel Senesael, Depardieu has bought a house in the Belgian village of Nechin near the French border. He has also apparently enquired about procedures for acquiring Belgian residency.


Senesael said Depardieu would join some 2,800 French living in the same area a few minutes’ drive from the border, including the Mulliez family, owners of French hypermarket chain Auchan and Decathlon sports stores, who have lived there for years.


Belgian residents do not pay capital gains tax on the sale of shares or wealth tax.


In France, however, individuals with assets over €1.3 million have to pay a hefty wealth tax.


“I think he wanted to enjoy the atmosphere in Belgium, our identity, the rural, bucolic setting,” Senesael told RTL radio.

Of course, from once beloved, to now most hated, we eagerly await the smear campaign which will focus not on his prolific work record, but on his most recent urinary escapades:

For Depardieu, best known for his roles as Obelix in the French “Asterix” films and as Cyrano de Bergerac in the 1990 film of the same name, the move will do nothing to improve his image, already tarnished by a series of embarrassing incidents.


He also controversially appears on new single by Googoosha, AKA Gulnara Karimova, the eldest daughter of Uzbekistan's brutal dictator Islam Karimov. Earlier this year there were reports Depardieu will also star in a film by Karimova, who is one of the world's richest women.


And last year, he was thrown off a Paris to Dublin CityJet flight for urinating on the floor after exclaiming "I need to piss, I need to piss".


Cabin crew had apparently refused to allow him to go the lavatory while the plane was still on the runway awaiting take-off.


Depardieu later blamed the incident of "prostate problems", and claimed he simply urinated into a bottle that overflowed.

And while it is by now clear that slowly but surely France's millionaires will test the null hypothesis of the trickle down theory: because while it may not work in theory, it will certainly not work when there is no wealth left to tax, and trickle down, the question now is who will be the first American to hand over his passport to Uncle Sam after next year's tax hike, and move on to greener pastures. Needless to say, if the US Tax Code realizes the bulk of wealth in this country is not in gross income but held in financial assets, and applies the appropriate tax on all financial assets as we have been expecting would happen since September 2011, and the first such defector is none other than Warren Buffett, the entertainment value of such a development would be so tremendous, that none other than Depardieu will have to play Buffett in the straight-to-cable biopic of the Octogenarian from Omaha.

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Mon, 12/10/2012 - 13:49 | 3049010 edb5s
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Mon, 12/10/2012 - 13:58 | 3049044 redpill
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I need to piss!!

Mon, 12/10/2012 - 14:01 | 3049045 hedgeless_horseman
hedgeless_horseman's picture



No state tax in Texas!  If Eva Green wants to relocate, I think I can find room.  Now all I need is a plausible story for Mrs. Horseman.  New french dairy maid?  Nanny?  Stable girl?

Mon, 12/10/2012 - 14:04 | 3049057 Mercury
Mercury's picture

Master technician for your new glass cutting workshop?

Holy shit, is she standing thigh-deep in ice water or really just hanging upside down?

Mon, 12/10/2012 - 14:42 | 3049162 hedgeless_horseman
hedgeless_horseman's picture



Oui, oui.  Now that you mention it, if she is willing to stand in the hallway and look good, I do have a very heavy leather manteau, or deux, just lying around.

Mon, 12/10/2012 - 15:25 | 3049309 moonshadow
moonshadow's picture

hey HH mon ami, give us the link to the full-size pic s'il vous plait!

Mon, 12/10/2012 - 15:05 | 3049234 johnconnor
johnconnor's picture

In Texas you pay 2.5% on property taxes a year, so let's say you have a $300K house you will be paying $7,500 on property taxes (Plus whatever is the HOA as they are everywhere in Texas) and then you have the 8.25% sales tax

Mon, 12/10/2012 - 15:45 | 3049358 hedgeless_horseman
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So this might explain why Texas real estate is so much more affordable than other states with high state income taxes.

Mon, 12/10/2012 - 15:56 | 3049432 Sophist Economicus
Sophist Economicus's picture

So true.   They don't have the reasonable tax property taxes of NY State ($35,000 on a $550K house in Westchester) or NJ ($22K on a $500K house in Bergen County).    And don't get me talking about the value-play of California, Washington or Oregon.   I think there's gonna be a mass exodus out of Texas any minute....

Mon, 12/10/2012 - 15:11 | 3049258 amadeusb4
amadeusb4's picture

That's because the proles fund the gov in Texas with sales and property taxes. Even corporations don't pay taxes in that medieval state.

Mon, 12/10/2012 - 15:52 | 3049347 hedgeless_horseman
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...the proles fund the gov in Texas with sales and property taxes.

The proles are far more likley to be wage earners than property owners, but you already know that.

Mon, 12/10/2012 - 18:26 | 3049971 amadeusb4
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Because in Texas, slum lords cover property taxes out of their own pocket? What is your point here?

Mon, 12/10/2012 - 22:51 | 3050706 A Nanny Moose
A Nanny Moose's picture

Even corporations don't pay taxes in that medieval state.

ummm...corporations do not pay taxes anywhere. Ever. They are merely tax collectors.

Tue, 12/11/2012 - 13:17 | 3052243 amadeusb4
amadeusb4's picture

Then why do they go to such extremes to wash their profits of taxes? Money spent on lawyers, accountants, lobbyists, political donations and the like are a total waste then.

I recommend a bit more self honesty because I don't buy the lies you've been telling yourself.

Mon, 12/10/2012 - 13:59 | 3049049 trav777
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surely, all the pakis and nigerians I saw on the RER last time en route to Montparnasse will pick up the slack for these guys?  Yes, yes, California got all of a +100,000 taxpayer boon from the +10M additional "residents" they've attracted over the past 30 years, along with +7M on the welfare rolls.  Surely, France will do much better because the quality of their immigrants are much better than mexicans, eh?

Libertie + diversitie = insanitie

Mon, 12/10/2012 - 14:06 | 3049069 Northeaster
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Is the real trav7777 back? The one with the middle-finger smiley? Or is this a new troll?

Mon, 12/10/2012 - 14:13 | 3049094 trav777
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ima hafta dig up the smiley icon...patience, bitchez

Mon, 12/10/2012 - 14:19 | 3049112 Bob
Bob's picture

WTF, I thought I was seeing things for a second.

Mon, 12/10/2012 - 14:32 | 3049146 trav777
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nah you're not...I happened to be browsing the thread on the BOE's gold vault and someone said my profile was active...also happened to see RobotTurd.  Checked the login on 7777 and it appears still blocked, but this one, which was my original profile (and to which I thought I had forgotten the pwd, thus the extra 7 in 7777) logged in...go figure.  ZH is kinda stale now and I'm fairly busy being in the 1%...and learning to cope with the boating accident I had

Mon, 12/10/2012 - 15:15 | 3049268 DoChenRollingBearing
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Welcome back, and we are sorry to hear about your boating accident.

Mon, 12/10/2012 - 15:38 | 3049346 Wannabee
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Welcome back Trav. In a bit of irony, we all thought you struck a gusher of oil on your mobile home pad and now hangin with Rockefeller, Rothchilds, Bernanke, and the like.

Mon, 12/10/2012 - 15:59 | 3049450 Bob
Bob's picture

I pictured him hanging with Al Gore and making movies:

Mon, 12/10/2012 - 15:59 | 3049453 trav777
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no, I finally got out of the hospital from all the STDs I got from your mom

Mon, 12/10/2012 - 17:33 | 3049819 smiler03
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Tyler, thank you for reviving Robo and Trav. Though you must think ZH readers are too retarded to notice the concidence.


Retarded... hmmmm, probably right!

Mon, 12/10/2012 - 19:42 | 3050170 ZeroAvatar
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Yeah, hey, velkommen, Trav......good to see ya back!  Really! 


I, myself, just got released from the mental ward.  My mind's a little foggy from the Thorazine, but, otherwise, I've regained control of my mental capacities.   CAN YOU HEAR THE CHARIOTS?    Oh,   wait a minute, I just had a relapse.  I'll be ok....  AAAAUUUUMMMMM,   AAAAAAUUUUMMMMMMM.  I am one with the Universe.  There is not two, only one......AAAAAAAUUUUUUMMMMMMM......

Mon, 12/10/2012 - 13:59 | 3049052 wee-weed up
wee-weed up's picture

Gerard Depart-ieu

Mon, 12/10/2012 - 14:09 | 3049081 NotApplicable
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Well played.

Mon, 12/10/2012 - 15:03 | 3049232 Azannoth
Azannoth's picture

So what if they levied a 99% tax and nobody came to pay?

Mon, 12/10/2012 - 15:26 | 3049312 Big Corked Boots
Big Corked Boots's picture

Clearly they failed to go far enough - they will have to raise it to 100%.

Mon, 12/10/2012 - 16:27 | 3049561 FrankDrakman
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To quote Mike Myers (of Austin Powers, not slasher, fame):

"Gerard Depardieu? The man's a beast!"

Mon, 12/10/2012 - 14:16 | 3049107 slaughterer
slaughterer's picture

Guess I will not be seeing a Rabelaisian Gerard tooling around on a moped in his vineyards anymore.  

Why is there a picture of the goddess Eva Green in a post about a piggish French asshole actor?

Mon, 12/10/2012 - 14:34 | 3049154 markovchainey
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Who cares why that picture is there?  I'm just glad it IS there! 


So fine, so fine...

Mon, 12/10/2012 - 22:55 | 3050726 A Nanny Moose
A Nanny Moose's picture

Some sort of French Connection, I suppose.

Mon, 12/10/2012 - 14:42 | 3049171 jekyll island
jekyll island's picture

My God, he's trying to avoid the millionaire's tax?  He's a terrible actor.  Who's paying him that much money?  We have definitely reached the edge of the abyss.

Mon, 12/10/2012 - 13:51 | 3049012 bigdumbnugly
bigdumbnugly's picture

and with him probably about 4 chambermaid positions.

and no i don't necessarily mean missionary, doggie, etc etc

Mon, 12/10/2012 - 13:51 | 3049017 viahj
viahj's picture

he still has money?  thought that he blew it all on wine and cheese.

Mon, 12/10/2012 - 13:54 | 3049032 wee-weed up
wee-weed up's picture

He's got all his money hidden in his nose!

Mon, 12/10/2012 - 13:51 | 3049020 Shizzmoney
Shizzmoney's picture

Now he can take that tax income the French Government was going to seize, and give it to Belgium hookers.

Job creators!!!!!!!!!111

Mon, 12/10/2012 - 13:51 | 3049022 Lost Wages
Lost Wages's picture

Gerard Depardieu has money? I saw one of his movies on a plane once and never heard of him again until now.

Mon, 12/10/2012 - 15:52 | 3049417 pirea
pirea's picture

this because if you are an american, you use to watch only hollywood garbage

Mon, 12/10/2012 - 16:42 | 3049627 vato poco
vato poco's picture

As opposed to those magnificent foreign movies: the ones full of cigarettes and accordion music, right?

Mon, 12/10/2012 - 16:42 | 3049629 vato poco
vato poco's picture

And *symbolism*. Lots & lots of *Symbolism*.

Mon, 12/10/2012 - 21:05 | 3050433 Sokhmate
Sokhmate's picture

Symbology. Not Symbolism. Symbology.

Mon, 12/10/2012 - 18:03 | 3049912 Maghreb
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From what I've seen and heard French cinema is just a massive tax scam. Some Algerians liked Banlieu 13, some French thought it was a documentary.

Mon, 12/10/2012 - 13:53 | 3049026 vato poco
vato poco's picture

Rest assured the California State Legislature is aware of incidents like this - and is already crafting "you can't move away" laws as we speak.

Mon, 12/10/2012 - 15:38 | 3049345 catacl1sm
catacl1sm's picture

They already have. Just asked anyone who's moved away from Ca in the past decade and suddenly got a tax bill that was auto-drafted from their checkinc account.

Mon, 12/10/2012 - 23:39 | 3050885 StychoKiller
StychoKiller's picture

One more good reason to close banking accts.

Mon, 12/10/2012 - 13:53 | 3049027 Odin
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In other news, the new snorg tees girl is foxxxxxyyy

Mon, 12/10/2012 - 13:55 | 3049037 unrulian
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i.... think she is Blonde......can't look up...

Mon, 12/10/2012 - 19:54 | 3050225 ZeroAvatar
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I've got Firefox, so I guess in a way it's unfortunate I can't SEE THE FOX!

Do NOT follow this link or you will be banned from the site!