to face the crisis, France continues to spend and get into debt

    to face the crisis, France continues to spend and get into debt

    Promise kept, at least for now. Even if the coronavirus crisis has hit the French economy hard since last March, forcing France to spend lavishly to respond, the government maintains its line: no question of increasing taxes to reimburse the costs of the Covid. Definitively adopted Thursday by the National Assembly after an unprecedented budgetary marathon, the 2021 crisis budget thus preserves the trajectories of tax cuts initiated at the start of the five-year period such as the gradual abolition of the housing tax. “ We are continuing and will continue our effort to reduce compulsory levies. The finance bill for 2021 materializes the significant tax cuts decided by the government », Insisted the Minister for Public Accounts, Olivier Dussopt, in front of the deputies of the Assembly, at the beginning of the week.

    Unsurprisingly, the government does not plan to save any money either, and yet

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    to face the crisis, France continues to spend and get into debt

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