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Macron government cuts wealth taxes in its first budget

Thu, Sep 28, 2017 - 5:50 AM

"We wanted to protect the least well-off, to protect the most vulnerable," says Mr Le Maire.

PHOTO: REUTERS

Paris

FRENCH President Emmanuel Macron's business-friendly government unveiled its first annual budget on Wednesday, fending off criticism that its tax cuts favour the very wealthiest.

Ministers insisted the 2018 budget would benefit both rich and poor after criticism from left-...

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