French president pledges €5bn in tax cuts but...

President Macron offered new measures in his speech in response to the Grand Débat but failed to impress the gilets jaunes – and many of the general public.

Almost two-thirds of the public (63%) found him “unconvincing”, a Harris Interactive/Epoka poll found.

The Grand Débat process of nationwide debates on topical issues was introduced by Mr Macron partly to ease the dissatisfaction which laun­ched the gilets jaunes movement.

His speech, postponed due to the Notre-Dame fire, covered topics including schools, taxes, pensions, voting and poverty.

He said the gilets jaunes caused him to wonder if he had taken the wrong measures but he believes he has not.

There are half a million extra jobs, including in industry where they had been in decline, more investment, and economic growth is greater than in many neighbouring states.

His announcements include:

  • Lower income tax for middle income families at a cost of €5billion from January 1, 2020. This would be partly funded by ending certain tax breaks from businesses. The Finance Minister later indicated that the changes would benefit 15 million households.
  • He has asked the  Cour des Comptes to evaluate how much ...

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