Filling the €9bn local tax hole

How the French government could cover the cost of abolishing taxe d'habitation for 80% of the population by 2020

The government is looking at ways to fill a €9billion hole in its finances when the taxe d'habitation is finally abolished for 80% of the population by 2020.

Scrapping the tax for most households was a key election pledge of President Emmanuel Macron - and one he repeated in a recent interview on BFMTV when he said: "We must overhaul local taxation."

The tax has ...

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