"The government's plan hinges on a more than 30bn ($34.7bn/26.1bn) budget squeeze, including cuts to corporate tax breaks, tighter rules on social welfare contributions, and new levies such as a small parcel tax and an exceptional surtax on complementary health insurers, the HCFP said. It also clamps down on the taxation of holding companies used by wealthy people to lower their tax bills, stopping short of a 2% tax on wealth over 100m ($116m/87m) as demanded by the Socialists."
"Volodymyr Zelenskyy has announced he will travel to the US this week for talks on the potential US provision of long-range weapons, after Donald Trump said he might supply Ukraine with Tomahawk missiles. Zelenskyy said he would visit Washington and meet Trump on Friday, adding that he would also meet defence and energy companies and members of Congress. In a post on X, Zelenskyy confirmed that the Ukrainian delegation, including prime minister Yuliia Svyrydenko, head of the presidential office Andriy Yermak,"
France aims to cut its deficit to between 4.7% and 5% of GDP in 2026 from 5.4% this year, relying on optimistic economic assumptions and a plan requiring more than a €30bn budget squeeze. The measures include cuts to corporate tax breaks, tighter social welfare contribution rules, new levies such as a small parcel tax and an exceptional surtax on complementary health insurers, and limits on holding company tax advantages for wealthy individuals. Prime Minister Sebastien Lecornu is racing to present the budget bill. Separately, Volodymyr Zelenskyy will travel to the US to discuss possible long-range weapons and meet US officials and companies.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]