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French PM Barnier signals tax hikes on wealthy as new government takes over

France • Sep 22, 2024, 7:03 PM
1 min de lecture
French Prime Minister Michel Barnier on Sunday said he would avoid broad tax hikes, opting instead for tax increases for high earners, a day before his new government was set to take up its functions. Barnier's first major test will be to narrow the budget shortfall and submit a 2025 budget plan on France's financial situation next month.