French government announces tax relief as euro election looms

Prime minister Manuel Valls says move will exempt 1.8 million households from income tax, with €1 billion cost funded by anti tax fraud measures.

 

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French Prime Minister Manuel Valls, struggling to win back disgruntled voters, said on Friday his government planned to exempt a further 1.8 million households from income tax, at a cost to the state of 1 billion euros, reports Reuters.