France mulls tax breaks for elderly in plans for economic recovery

  • 📰 trtworld
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

France is considering tax cuts for grandparents who send cash to their grandchildren as a way to jumpstart the economy and mobilise more than $118B

Marie-Claire Mure, 92, takes some lilacs offered by her sons Robert Mure, left, and Jean-Marie Mure at the Kaysersberg nursing home, eastern France, April 21, 2020.

Bloomberg reported that excess savings, according to French Finance Minister Bruno Le Maire, could total $235 billion by the end of the crisis, more than twice the amount the government has set aside for its strategy to revive economic development. However, Le Maire said that the vast majority of French citizens have made additional savings as a result of the pandemic, and that tax exemptions will only apply to “several thousands,” not tens of thousands of euros, Bloomberg reported.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Greedy Europeans. Sheesh 😒

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 101. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

France, Brussels have agreed on Air France-KLM refinancing - ministerThe French government has reached the outline of a deal with the European Commission on a state-backed refinancing package to help strengthen Air France-KLM's balance sheet, Finance Minister Bruno Le Maire said on Sunday. Franse overheid gaat 3 miljard lening omzetten in aandelen en onze overheid? 95% only bad news(
Source: Reuters - 🏆 2. / 97 Read more »

France, Brussels have agreed on Air France-KLM refinancing - ministerThe French government has reached the outline of a deal with the European Commission on a state-backed refinancing package to help strengthen Air France-KLM's balance sheet, Finance Minister Bruno Le Maire said on Sunday. Feel happy making money from home on despite this whole pandemic, I kept making money every week thanks to you wilhelmdenis1 Get your BTC and DM the account manager wilhelmdenis1
Source: Reuters - 🏆 2. / 97 Read more »

France to become biggest Air France shareholder with capital hikeFrance will contribute up to 4 billion euros ($4.7 billion) to a recapitalisation of Air France-KLM and more than double its 14.3% stake in the airline group under plans announced on Tuesday with European Union approval. What happened to EU state aid rules then? It’s hilarious. If things go well we praise capitalism and bash state enterprises. If things go poorly we bail out private businesses, in the worst case nationalise them. Am I the only one who sees the structural problem here?
Source: Reuters - 🏆 2. / 97 Read more »

France to impose 10-day quarantine for travellers coming from BrazilFrance will order a strict 10-day quarantine for all travellers coming from Brazil starting April 24, the prime minister's office said on Saturday, in a bid to prevent the spread of a coronavirus variant first found in the South American county. 70% clot death rate
Source: Reuters - 🏆 2. / 97 Read more »

Hermione People & Brands Enters Exclusive Talks to Buy Gap France ActivitiesHermione People & Brands is part of Michel Ohayon’s Financière Immobilière Bordelaise, a retail property development company.
Source: wwd - 🏆 24. / 68 Read more »

'Queer Eye' Star Tan France And His Husband Are Expecting A Baby'Our hearts are so full right now,' the Netflix series' fashion guru wrote alongside a sassy announcement photo.
Source: HuffPostWomen - 🏆 27. / 68 Read more »