This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.  
  • Delicious




Sarkozy Opposes Tax Cuts To Boost French Economy

by Ulrika Lomas, for LawAndTax-News.com, Brussels

12 July 2004

According to reports, French Finance Minister, Nicolas Sarkozy has expressed opposition to suggestions that he should boost the country's economy by cutting taxes.

"In a period of economic slowdown, we automatically think of stimulating (the economy) by spending or by cutting taxes. These instruments, which have been tried and tested before - we should not use them," he told the Senate.

However, the Finance Minister reportedly went on to add that taxes will be cut "as soon as the budgetary situation allows it".

.

 

 






Write a comment