• Tue. May 28th, 2024

François Bayrou urges government to consider targeted tax hike

Byeditor

Mar 25, 2024

On Monday, François Bayrou called for the government and parliamentarians to discuss a targeted increase in taxes, a demand that the MoDem party has been making for several years. However, Finance Minister Bruno Le Maire categorically refuses this proposal. Bayrou suggested that it is important for the government and parliament to sit down and explore this issue freely, especially with the announcement expected from INSEE about a public deficit in 2023 that is significantly higher than initially forecasted.

When asked about remarks made by President of the National Assembly Yaël Braun-Pivet regarding the possibility of taxing companies with “super profits” or “super dividends,” Bayrou pointed out that the Modem proposed similar measures in previous budgetary years. He emphasized the need for any rebalancing measures to target those with the most means, including those who have been most affected by the crisis.

In addition to discussing tax increases, Bayrou also expressed his opposition to a new reform of unemployment insurance that aims to reduce the duration of compensation. He argued that unemployed individuals should not be blamed for unemployment, especially considering that many of them have lost work skills over time. Instead, he suggested that reforms should focus on addressing the root causes of unemployment.

Overall, Bayrou’s statements highlight the importance of fair and targeted measures to address economic challenges facing France, while also considering the impact on individuals and businesses. He encouraged open dialogue and collaboration between government officials and legislators to find effective solutions to these complex issues.

By editor

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