The government will announce Friday the contours of the tax measure announced in the 2017 budget, with “a measure for households” and “measures for businesses”, said Thursday his spokesman, Stephane Le Foll.
households and businesses. This question “will find its response tomorrow. the arbitrations are in progress” and will be made at the Elysee Palace before an announcement probably by the Minister of Economy Michel Sapin in the day, said Stéphane Le Foll when the report of the Council of Ministers. “There will be a measure for households. There will also be measures for enterprises,” said one who is also Minister of Agriculture, without elaborating.
1 billion euros. According to the daily information Les Echos , confirmed by Europe 1, the government may favor a flat reduction in income tax for the middle class, a move which the amount would be around one billion euros. Hollande had spoken for the first time this tax cut on May 17 by conditioning the existence of “fiscal space”. This will “have a perspective of growth of 1.7%” in 2017, he had specified, then evoking a maximum budget of two billion euros.
But INSEE announced late July 1 unexpected halt in growth in the second quarter (+ 0.0%), after a strong start to the year (+ 0.7% in the first quarter). And the outlook for 2017 has worsened, with the proliferation of terrorist attacks and uncertainties Brexit. Friday, Michel Sapin said the tax cut would be less than 2 billion.
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