French Government Plans to Reduce Employer Tax Exemptions Amid Budget Concerns
To address the public deficit, French officials are considering reducing employer tax exemptions, albeit less than initially proposed. Budget Minister Laurent Saint-Martin stated that only half of the originally planned €4 billion in reductions would be implemented to avoid increasing costs for low-wage employers. Meanwhile, discussions continue around increased work hours without pay to support social security funding, despite resistance from business leaders like Patrick Martin, who argued against additional tax burdens.