François Hollande proposes cutting social contributions funded by VAT hike
François Hollande suggests cutting social contributions to boost wages.
Published 6j2 sources✓ ConfirmedImportantupdated 1j
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24 %
This measure would be funded by a gradual VAT increase from 20% to 24%
The fact
This measure would be funded by a gradual VAT increase from 20% to 24%.
Olivier Faure, First Secretary of the Socialist Party, opposes this proposal as "right-wing."
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