74112
Macron to Overhaul Taxes
Macron to Overhaul Taxes

Macron to Overhaul Taxes

Macron to Overhaul Taxes

French President Emmanuel Macron is making good on his campaign promise to improve the business environment in France. As part of this effort, his government released a budget at the end of September with substantial tax reforms, which reduces or eliminates several business taxes, Reuters reported. In addition, he has vowed to reform the unemployment insurance system by expanding it to the self-employed and farm workers as well as capping benefits and introducing training programs. These reforms have a hefty price tag, which Macron intends to pay for with cuts in spending to public programs. In addition, the new budget attempts to shrink the French deficit below 3% of GDP, which complies with EU deficit rules.

 

Short URL : https://goo.gl/dr2wCD
  1. https://goo.gl/eBaAbv
  • https://goo.gl/pFcHHL
  • https://goo.gl/Gp5Lmq
  • https://goo.gl/zQcpGK
  • https://goo.gl/2uyPLv

You can also read ...

The treasury department in Washington
Foreign governments pulled back their purchases of longer-term...
Brazil, India Corporate Debt at Risk of Default
A 200 basis-point increase in interest rates could spark a...
Shares of petrochemical companies in Asia slumped on Tuesday, tracking the global equity downturn overnight.
The trade dispute between the world’s two largest economies...
Six people including two former HBOS bankers were jailed last year.
An internal Lloyds Banking Group report written by a former...
BoK Hints at Rate Increase
Bank of Korea Gov. Lee Ju-yeol indicated Tuesday that the bank...
London Metals Cut Losses
London metals edged higher and Shanghai contracts cut early...
China Accuses Trump of Blackmail, Vows Strong Retaliation
China vowed to retaliate after President Donald Trump...
Mario Draghi
Mario Draghi promised that the European Central Bank will take...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus