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France could freeze income tax brackets to raise revenue

France's cash-strapped government may freeze next year income tax threshold way to raise additional revenue, the business daily Les Echos reported on Wednesday.
Finance Minister Pierre Moscovici report dismissed speculation that is studying various alternatives in the preparation of 2014 budget bill.
President Francois Hollande's Socialist government next year need to raise an additional 600 million euros (7.95 billion) in revenue, austerity and seek the appropriate balance between tax increases.
Les Echos said the government was looking to freeze the country's six tax ??brackets for the third year in a row.
Does not adjust the rate at which a variety of kicks inflation, tax increases, and may produce an estimated 14 billion euros this year, an additional Echos said.
The paper said that improving the social security tax CSG also being considered to enhance the environmental tax.
"There are many programs being studied," Moscovici told RTL radio. "Our tax policy is to reject generalized, blanket tax increases."
Declined to comment further report, Moscovici said the new measures will be decided in the end of August, the drafting of the 2014 budget bill, due in late September before.
Hollande has promised a series of rise, since he came to office in May 2012, mainly for the wealthy and large corporations tax increases restrictions.
The government is trying to cut the public deficit, in the face of faltering economic growth of 3.7% in economic output.
 



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