Macron suggests lowering taxes for middle class

By Al Mayadeen English
Source: News Agency
15 May 2023 00:20

Macron argued that these tax reductions would incentivize individuals to stay on the job despite tax raises in the past years.

French President Emmanuel Macron speaks during a conference titled 'Accelerer notre reindustrialization' (Speed Up our reindustrialization) with some representatives of French industry at the Elysee Palace in Paris, Thursday, May 11, 2023 (Yoan Valat, Pool via AP)

In an interview with L'Opinion Daily, Macron pitched the idea of implementing tax reductions for middle-class citizens. "We must continue the trajectory of lowering taxes on our middle class," Macron said.

The Middle-class in France refers to those with income which ranges from $1,600 to $2,700. Macron argued that these tax reductions would incentivize individuals to stay on the job despite tax raises in the past years.

Macron's law reforming pension law to decrease the age of retirement has caused large-scale dissent against the president.

On Labor Day, hundreds of thousands of people gathered in France to protest President Emmanuel Macron's pension reform, with unions pledging to continue their struggle even after the changes were signed into law.

Unions have been hoping for a vast turnout across France for the May 1 protests to further rattle Macron, who has been greeted by taunts and jeers as he toured the country seeking to defend the reforms and relaunch his second term.