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France Plans Austerity Tax for Reconstruction Funds
The National Assembly approved a sweeping levy to raise about 130 billion francs in bonds or taxes from earners over 45 000 francs annually to fund a 231 billion franc reconstruction program. The upper chamber prepared to debate within 45 hours as France budgets for 1948 and U S assistance was set to fill remaining gaps.
MENTIONED IN THIS ARTICLE
National Assembly
Charles de Gaulle
Council of the Republic
Monster Rene Mayer
United States