1.
Canada body-parts murder victim identified
PARIS, Sept. 4 (UPI) -- Despite a high deficit, French income taxes will be reduced by 3 percent, Prime Minister Jean-Pierre Raffarin announced Thursday.
The decision reflects the fact French president Jacques Chirac, who promised to slash income tax by 30 percent over five years in his 2002 election campaign, has been lobbying his government for the largest possible cut to "return some oxygen" to the economy.
Despite the fact a further clash with the European Union is inevitable and that even his own finance ministry warned a 1 percent cut in income tax was the most the government could afford, Raffarin has rallied to the French president, the Financial Times reported.
"Solving problems by raising taxes is an archaic attitude," Raffarin said in an interview with Le Figaro. "What we need to do in this country is to encourage work. To share in the fruits of growth, we must first create wealth. That means preferring work rather than taxes."
|
|
|
|
|
|
| Additional Top News Stories | |
FRANKFORT, Ind., June 1 (UPI) --
The Mexican-born salutatorian of an Indiana high school who almost missed her graduation because she missed a visa deadline said she's glad to be home.
|
NEW YORK, June 1 (UPI) --
Rielle Hunter, former mistress of onetime Democratic presidential hopeful John Edwards, has written a memoir about their affair and the child it produced.
|
WASHINGTON, June 1 (UPI) --
U.S. employers added 69,000 jobs in May and the jobless rate ticked higher to 8.2 percent, the U.S. Labor Department said Friday.
|
UMEA, Sweden, June 1 (UPI) --
Residents in a northern Sweden county said they marked the first day of June by shoveling thick, wet snow.
|
| Stories | Photos | People | Comments |
View Caption
