Wealth tax: What matters is that the capital and activity disappearing from France because of it exceeds the tax it would have collected.

France is consistently in the top 5 for Foreign Direct Investment, one of the most used indicators as to the attractiveness of a country for capital:

(note that UK's numbers in 2005 are inflated by the 140bn reorganisation of Shell, which was structured as a  'purchase' of Shell UK by Shell Netherlands)

For a complete picture, because I care about getting the facts straight, here's the two way numbers, on aggregate for the past 10 years:

France also has one of the biggest outflows of capital. Should this be counted under "successful internationalization of the big French corporations" , or under "capital flight"?

In the long run, we're all dead. John Maynard Keynes