[만점] Economics Macroeconomics IA Commentary

Fifteen million people in France ‘will benefit from Macron’s tax cuts’

26 April 2019 10:21 CEST+02:00

More than fifteen million people living in France will benefit from Macron’s tax cuts, the country’s finance minister has promised.

France’s finance minister promised Friday that a new round of tax cuts announced by President Emmanuel Macron will benefit low-earners and would not bust the budget because spending cuts will be found.

Speaking on Thursday evening, Macron promised further income tax cuts worth €5 billion as he responded to five months of protests over living standards by anti-government “yellow vest” demonstrators.

“We are not going to let the deficit expand,” Finance and Economy Minister Bruno Le Maire told French TV station LCI on Friday…