The 2025 budget is expected to cut the French budget deficit by 60 billion euros, but its implications reveal deeper issues of misrepresentation and complexity.
Despite being labeled the harshest budget in recent history, it paradoxically increases public spending by 2.1 percent, undermining claims of austerity.
Big companies will face an 8 percent increase in corporation tax and wealthy families will be taxed more, signaling the end of low-tax policies from previous years.
The planned spending cuts include delaying a scheduled rise in state pensions, provoking discussions of whether this constitutes an unfair treatment of the elderly.
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