François Bayrou urges government to consider targeted tax hike

On Monday, François Bayrou called for discussions between the government and parliamentarians regarding a targeted increase in taxes. The MoDem party has been advocating for such an increase for several years. However, Finance Minister Bruno Le Maire has categorically refused this proposal. Bayrou emphasized the importance of exploring this topic freely, especially with the announcement of a potentially higher public deficit in 2023 than initially forecast.

When questioned about the possibility of taxing companies with “super profits” or “super dividends,” Bayrou highlighted that the MoDem had already proposed similar measures in previous budgetary years. He stressed the need to implement rebalancing measures that target those with the most means, particularly those who have been impacted by the crisis, while also maintaining France’s appeal to investors.

Bayrou expressed his opposition to a new reform of unemployment insurance that aims to reduce the duration of compensation, as proposed by the government. He argued that blaming the unemployed for unemployment is misguided, especially considering that many individuals may have lost work skills over time. Bayrou suggested that a different approach to reforming unemployment insurance is necessary.

In summary, François Bayrou’s call for discussions on tax hikes and his opposition to proposed reforms of unemployment insurance reflect the MoDem’s ongoing efforts to address economic challenges in France.

By Samantha Johnson

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