Published on Jan 4, 2012 by Euronews
http://www.euronews.net/ The Paris government is planning to cut the amount that French companies pay in contributions to the state for health-care and pensions and make up the lost income with higher value-added tax on purchases.
The plan to raise sales taxes before April's presidential election did not find favour on French streets. One woman complained: "Consumers will pay more for what they buy as the sales tax increases, which will reduce our purchasing power. That is not good news, and it's not a very good start to the year."
The plan to raise sales taxes before April's presidential election did not find favour on French streets. One woman complained: "Consumers will pay more for what they buy as the sales tax increases, which will reduce our purchasing power. That is not good news, and it's not a very good start to the year."
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