--- title: "Meaning & Key Takeaway of: My predecessor taxed wealthy, successful…" description: "\"My predecessor taxed wealthy, successful people at a higher rate than ever before. And what happened? They left. And what came of it? Did unemployment ..." image: "https://sms4smile.com/quotes/i/4ec/emmanuel-macron-3474_people_my-predecessor-taxed-wealthy-successful_1375547.jpg" --- # My predecessor taxed wealthy, successful people at a… ![“My predecessor taxed wealthy, successful people at a higher rate than ever before. And what happened? They left. And what came of it? Did unemployment drop? No.” quote by Emmanuel Macron](https://sms4smile.com/quotes/i/4ec/emmanuel-macron-3474_people_my-predecessor-taxed-wealthy-successful_1375547.jpg) [Download](https://sms4smile.com/quotes/i/4ec/emmanuel-macron-3474_people_my-predecessor-taxed-wealthy-successful_1375547.jpg) [Open image](https://sms4smile.com/quotes/i/4ec/emmanuel-macron-3474_people_my-predecessor-taxed-wealthy-successful_1375547.jpg) > “My predecessor taxed wealthy, successful people at a higher rate than ever before. And what happened? They left. And what came of it? Did unemployment drop? No.” [Emmanuel Macron](https://sms4smile.com/quotes/author/emmanuel-macron/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Higher taxes on the affluent caused them to exit, without reducing unemployment. **In simple terms:** Taxing rich led to their departure, no job gains. Key Takeaway Avoid punitive tax hikes on high earners. Themes tax policy economics employment politics inequality Mood critical analytical Type policy economic political When to use this quote - government budgeting - business investment - workforce planning - tax reform - public opinion Key Concepts fiscal policy behavioral economics labor market dynamics Questions to Reflect On - Should tax policy balance revenue with retaining talent? - What alternatives can address inequality without driving away jobs? A Different Perspective Higher rates may also reduce investment and growth, not just labor supply. ★ ★ ★ ★ ★ No ratings yet [People](https://sms4smile.com/quotes/about/people/) [Success](https://sms4smile.com/quotes/about/success/) [Successful](https://sms4smile.com/quotes/about/successful/) [Successful people](https://sms4smile.com/quotes/about/successful-people/) [Taxes](https://sms4smile.com/quotes/about/taxes/) ## Related quotes > [Nearly every glamorous, wealthy, successful career woman you might envy now started out as some kind of schlep.](https://sms4smile.com/quotes/helen-gurley-brown/nearly-every-glamorous-wealthy-successful-career-woman-you-might-envy/) [Helen Gurley Brown](https://sms4smile.com/quotes/author/helen-gurley-brown/) > [“Patience is overrated. 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