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The French government is proposing significant budget cuts and tax increases to address a growing public deficit, targeting wealthy households and large businesses. Key measures include a temporary tax on the wealthiest, reduced support for clean vehicle purchases, and increased penalties for CO2 emissions in the automotive sector. Additionally, pension adjustments and spending cuts across various ministries aim to save billions by 2025, amidst a politically unstable environment.
Jacques Chirac
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
French government plans tax hikes and spending cuts in 2025 budget
09:00 07.10.2024
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