France Unveils Budget for Next Year

The draft of the new financial document provides for cuts to social spending and an end to subsidies for renewable energy, as well as increases in the VAT and income tax. At the same time, the corporate income tax rate will remain unchanged, and budget revenues from this source are expected to decline.

In this way, Paris hopes to reduce the budget deficit—which has exceeded all conceivable limits—to 5% of GDP, but many politicians doubt that this goal can be achieved. Furthermore, the bill is proposed to be adopted by a special decree, which would bypass parliamentary debate.

I’m having trouble printing more than the standard limit.

#France #Economy #FindTruth

@uinhurricane✅