France’s Government Spending out of control: Taxpayers are bearing the Burden

France’s government spending out of control: Taxpayers are bearing the burden

The conversation delves into France’s escalating budget deficit, which has surpassed 6% of GDP, and the implications for taxpayers and public services. Scarlett Karoleva interviews Nicolas Lecaussin, director of the IREF, who argues against raising taxes on the wealthy and corporations, suggesting instead that the government should cut unnecessary spending. He highlights the disproportionate tax burden on the wealthy and the inefficiencies in public spending, advocating for significant reforms to address the deficit and its impact on the French economy and its standing in the EU.
Credit to : Riks Europe