Posted on 04/25/2019 5:35:09 PM PDT by Olog-hai
At the first major news conference of his presidency, Emmanuel Macron pledged to cut taxes on Thursday and said the French would have to work longer as he outlined his response to months of anti-government protests that have shaken his authority.
Speaking in a gilded hall at the Élysée Palace, seated behind a white desk with the French tricolor and European Union flags flanking him, Macron took reporters’ questions for nearly two-and-a-half hours, part of an effort to redress the rocky relationship he has developed with the media. He apologized — not for the first time — for his sometimes sharp tongue and cutting comments, which have earned him a reputation for arrogance and contributed to a deep slump in his popularity ratings, which are showing some signs of recovery. […]
A first slate of economic measures put forward last December, and worth some €10 billion ($11.13 billion), failed to calm anger among lower-income workers and prompted Macron’s decision to hold a “great debate” with citizens. The 41-year-old president, a former investment banker and economy minister, said he wanted a significant cut in income taxes, saying it would be worth around €5 billion, financed by closing loopholes for some companies.
The tax cuts come as France is trying to keep its budget deficit in check, while at the same time hoping to rid itself of a reputation as the world’s most highly taxed country. Figures from the OECD show France’s “tax-take” is equivalent to 54 percent of gross domestic product. …
(Excerpt) Read more at reuters.com ...
Macron needs to make the French Islamists work for their money.
That is the liberal/leftist way. when in trouble buy the votes with other peoples money
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.