Monday, January 2, 2012

Austerity Measures in France for 2012 including tax increases - Possible General Strike on Ja. 18

This is a helpful article to understand changes in the sales tax structure in France, happening now in 2012, including home fuel costs, certain foods and household necessities, as well as restaurants and hotels. This is all being done to close the budget deficits. Definitely would not happen in the US where tax increases are sacrilege and we just keep digging the budget hole deeper and deeper.

The article also notes a call for a general strike on January 18, just after the Winter Sales start in Paris on January 11.

http://www.france24.com/en/20120102-france-taxes-rise-vat-austerity-measures-consumer-sarkozy-fillon

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