French PM Barnier signals tax hikes on wealthy as new government takes over

French Prime Minister Michel Barnier on Sunday said he would avoid broad tax hikes, opting instead for tax increases for high earners, a day before his new government was set to take up its functions. Barnier's first major test will be to narrow the budget shortfall and submit a 2025 budget plan on France's financial situation next month. 

Sep 23, 2024 - 05:00
182133
French PM Barnier signals tax hikes on wealthy as new government takes over
French Prime Minister Michel Barnier on Sunday said he would avoid broad tax hikes, opting instead for tax increases for high earners, a day before his new government was set to take up its functions. Barnier's first major test will be to narrow the budget shortfall and submit a 2025 budget plan on France's financial situation next month. 

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.