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Considering that Sarkozy was increasing tax pressure by the end of his mandate and would have probably done so again, had he been re-elected, not really. As for the rich, they've been practising tax evasion for a long time. I'm not aware that hordes of rich Frenchmen fled to Switzerland since Hollande got voted in, but I'll be happy to see numbers which prove me wrong.



There were probably a lot more articles in the popular press that tried to give this impression than there were actual fleeing hordes.




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