French Prime Minister Proposes Increased Taxes on Wealthy and Corporations to Address Debt Crisis

Reported 16 days ago

French Prime Minister Michel Barnier announced plans to potentially raise taxes on large corporations and wealthy individuals as part of efforts to tackle the nation's alarming debt crisis, which stands at €3 trillion. While promising not to increase taxes on the middle class and working citizens, he stressed the need for a collective national effort for spending cuts and increased government efficiency to maintain France's credibility in international markets.

Source: YAHOO

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