François Bayrou urges government to consider targeted tax hike

Bayrou Calls for Targeted Tax Increases to Address Public Deficit; Encourages Collaborative Dialogue to Combat Unemployment

On Monday, François Bayrou called for a targeted increase in taxes as a means to address the public deficit forecasted by INSEE in 2023. However, Finance Minister Bruno Le Maire refused this proposal. Bayrou urged the government and parliamentarians to sit down and explore this issue freely, especially with the announcement expected from INSEE.

When asked about comments made by President of the National Assembly Yaël Braun-Pivet regarding taxing companies with “super profits” or “super dividends,” Bayrou emphasized that the Modem had proposed similar measures in previous budgetary years. He argued that any rebalancing measures should 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 their impact on individuals and businesses. He encouraged open dialogue and collaboration between government officials and legislators to find effective solutions to these complex issues.


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