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France's budget debate heats up as MPs reject income tax freeze

France 24•Monday, October 27, 2025 at 10:53:04 AM
NegativeWorld Affairs
France's budget debate heats up as MPs reject income tax freeze
France's parliament is currently embroiled in a heated budget debate, with MPs rejecting a proposal to freeze the income tax scale, which could cost the government around €2 billion. This decision has sparked tensions among political factions, as the right has secured cuts on overtime taxes while the Socialists are advocating for a new tax on high earners. The situation is critical, as left-wing leader Olivier Faure has warned of a potential no-confidence vote if a compromise isn't reached soon, which could lead to early elections. This debate is significant as it reflects the ongoing struggle over fiscal policy and economic priorities in France.
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