Bayrou calls for targeted tax increases to bridge public deficit gap, but Finance Minister Le Maire declines proposal

François Bayrou urges government to consider targeted tax hike

On Monday, François Bayrou called for a targeted increase in taxes as a solution to the public deficit that is expected to be announced by INSEE in 2023. However, Finance Minister Bruno Le Maire has refused this proposal. Bayrou emphasized the importance of having an open and honest discussion about this issue, especially with the upcoming announcement from INSEE.

When asked about remarks made by President of the National Assembly Yaël Braun-Pivet regarding taxing companies with “super profits” or “super dividends,” Bayrou pointed out that his Modem party has proposed similar measures in previous budgetary years. He stressed that any rebalancing measures must be fair and 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.

On Monday, François Bayrou called for a targeted increase in taxes as a solution to the public deficit that is expected to be announced by INSEE in 2023. However, Finance Minister Bruno Le Maire has refused this proposal. Bayrou emphasized the importance of having an open and honest discussion about this issue, especially with the…

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