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Short story: government mandated Eric Besson (ex PS now UMP) to study a possible raise of VAT (up to +5%) with a corresponding decrease of social cotisations on income. It was presented as a way to fight delocalisations but depending on the details it will likely be a way to lower tax progressivity.

by Laurent GUERBY on Mon Jun 18th, 2007 at 04:12:35 AM EST
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