French President Jacques Chirac will go back on an electoral promise to cut income taxes in an effort to move the French budget deficit to within acceptable levels for Brussels.
One of the main promises Mr Chirac made to the French electorate before elections in 2002 was that income taxes would be cut, but he has now announced that he will postpone these cuts for a year.
"The principle of having a tax cut - and cutting taxes next year - is not under discussion. What is under dis...
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