French star Depardieu moves to lower-tax Belgium

PARIS (AP) A Belgian mayor says famed French actor Gerard Depardieu has bought a home and set up legal residence in his small town, lured by the food, the people, the lifestyle and lower tax rates than back home.

The Socialist government under French President Francois Hollande has infuriated many ultra-rich in France by presenting a 2013 budget that would tax top earners at 75 percent over the first 1 million of annual income. Belgium's top rate is 50 percent.


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