France’s tax policy has “reached limits”

France’s fiscal policy has “reached the limits of acceptability,” with high company taxes weighing on growth, the head of the European Commission told French television late Monday.

Even though France’s proposed budget is “overall satisfactory,” José Manuel Barroso told the LCI network:  Today, the fiscal policy in France has reached the limits of acceptability.

via France’s tax policy has ‘reached limits of acceptability’: EU chief | GlobalPost

European flag outside the Commission

European flag outside the Commission (Photo credit: Wikipedia)

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