France's 60b Budget Plan
This is a France news story, published by Yahoo Finance, that relates primarily to Michel Barnier news.
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tax hikesGlobalData
•New French PM confirms tax rises for major companies to plug deficit
80% Informative
France 's new Prime Minister Michel Barnier has proposed 60b ($ 66b ) worth of spending cuts and tax hikes to help shrink the country’s deficit to 5% of economic output.
Barnier confirmed that there will be a corporate tax rise for France 's wealthiest citizens and companies.
The tax hikes will likely only affect companies that exceed $ 1.1b annual turnover and individuals that earn more than 500,000 .
VR Score
80
Informative language
78
Neutral language
60
Article tone
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Language
English
Language complexity
52
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Known propaganda techniques
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short-lived
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2
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2
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