Tuesday, August 9, 2022

President of France: We will reduce the income tax significantly


Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com

French President Emmanuel Macaron said he would cut income tax “significantly”.

“He will reduce public spending and make people work more,” the French president said in a speech commenting on the “yellow jackets” protests, quoted by France 24 on Thursday. “He noted a lack of confidence in the elected officials.”

“Many French feel they are forgotten,” he said. But he said that “the policies of the government during the last two years were correct, France needs to take place from its economy.”

In mid-January, Macaron launched the “Great National Debate,” an unprecedented formula in the country, aimed at defusing the worst crisis since he came to power – the “yellow jackets” protestors since mid-November protesting his tax and social policies.

It is noteworthy that President Macaron participated in these discussions, but without leading to significant results.

The first demonstrations of the “yellow jackets” broke out last November; to protest against the imposition of taxes on fuel prices.

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