France: ‘Government under tax pressure’

On October 27, the government also announced that it had set aside plans for a surcharge on certain savings products that are very popular in France. On October 24, the country’s football clubs announced that they would go on strike if a 75 pe cent tax on revenues in excess of €1m was not withdrawn.

In its editorial, the daily remarks —

… today in France, the level of taxation appears to be such that in the wake of every announcement of a new levy, the government is forced to give up a plan that has been put together with little consultation. […] It is a situation marked by galvanisation over the tax issue, of the lack of authority of the head of the state.

Read the original article at La Croix here.

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