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Paris unveils pre-election income tax cut of 1b euros

Published Fri, Sep 9, 2016 · 09:50 PM

Paris

THE French government will cut income tax by one billion euros (S$1.53 billion) in its 2017 budget, the Finance Ministry said on Friday, seeking to ease the pain of earlier tax hikes ahead of a presidential election next year.

The move will take total income tax cuts since 2014 to six billion euros and benefit more than five million households with a…

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