💨 Abstract

France's 2025 budget aims to fill a 60 billion euro gap in public finances through tax hikes and spending cuts. Key measures include job cuts for the government, reduction in foreign aid, subsidies, and green incentives; a temporary income tax increase for wealthy individuals, additional tax on big companies, higher taxes on air travel, and an increase in electricity tax for power utility EDF.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖