The tide is turning...
This is the 3rd article I've seen in the last few weeks wrt Taxes in Euroland.
The 1st was Spain, the 2nd escapes me in the moment.
IMO they won't wait until 2017
Man, I put on lbs just looking at beer.
I went limit out on beer in my early 20's
Rum or red wine for me Capitain.
Try a rum and tonic with a bit of lime.
White or gold Flora de Cana or Myers
Nevis and St Croix are nice sleepy spots to hang.
Make an old school ie Trader Vic Mai Tai
marketwatch.com
France's government eyes further tax cuts by 2017
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By Geraldine Amiel
Taxes for low and middle-income households should decrease further by 2017, French Prime Minister Manuel Valls said Wednesday in an interview.
France's budget bill for 2015 plans tax cuts for around 3.7 million French taxpayers, "but we must go further by 2017," Mr. Valls is quoted as saying in French business daily Les Echos.
"Overall, taxes should drop for low income and middle-class households," he said, without elaborating.
A policy introduced two years ago by President Francois Hollande to raise taxes on incomes and corporations in an attempt to curb deficits and to finance spending has backfired, by failing to tackle rising unemployment while fueling public discontent.
Mr. Hollande earlier this year amended his strategy and the government, with new premier Mr. Valls, has pledged 50 billion euros ($68.35 billion) of spending cuts as well as corporate tax-rebate schemes to boost French companies' competitiveness. It has also pledged to cut income taxes, starting from next year.
Cutting income tax is a necessary step to rekindle households' confidence, Mr. Valls said.
"We will be firm on the EUR50 billion savings plan . It's difficult but it's a strong signal which contributes to restore confidence because these savings give credit to our tax and charges cuts. I won't drop this," he said.
Full story: www.lesechos.fr/politique-societe/politique/0203610645936-manuel-valls-mon-obsession-cest-la-reforme-1020606.php
Write to Geraldine Amiel at geraldine.amiel@wsj.com |
