Rejected French tax measures worth 300-500 mln euros -finmin
PARIS Dec 29 (Reuters) - The French Constitutional Council's rejection on Saturday of a 75 percent upper income tax rate and other minor measures in the 2013 budget will affect some 300-500 million euros worth of tax revenues, Finance Minister Pierre Moscovici said.
"The rejected measures represent 300 to 500 million euros. Our deficit-cutting path will not be affected," Moscovici told BFM television.
He added that the Socialist government would resubmit a proposal to raise taxes on high incomes in 2013 and 2014.
- North Korea says Kim's powerful uncle dismissed for 'criminal acts'
- Thai PM calls snap election, protesters want power now |
- Bitter cold, ice slam U.S. East Coast; South still freezing
- Protesters fell Lenin statue, tell Ukraine's president 'you're next'
- Venezuela's Maduro to raise pressure on business after local vote