Tax reductions to proceed as promised, says Chirac

Tax reductions to proceed as promised, says Chirac


French President Jacques Chirac stressed early last week that tax reductions and social charges would be methodically pursued in the following years yet clearly avoid to make any comments on France's heavy public deficit. "The decrease in taxes and (social) charges has begun," Chirac said in an address in the capital, quoted by AFP. It is recalled that during his re-election campaign in early May, Chirac had promised to cut income taxes by 30 percent by the end of his five-year term. However, si...


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