François Bayrou Calls for Targeted Tax Increases, Opposes Unemployment Insurance Reform and Advocates for Fair Economic Policies

François Bayrou urges government to consider targeted tax hike

On Monday, François Bayrou urged the government and parliamentarians to discuss a targeted increase in taxes. The MoDem party has been advocating for this increase for several years, but Finance Minister Bruno Le Maire has categorically refused this proposal. Bayrou emphasized the importance of having an open and honest discussion about this issue, especially with the announcement from INSEE expected about a public deficit in 2023 that is significantly higher than initially forecasted.

When asked about remarks made by President of the National Assembly Yaël Braun-Pivet regarding the possibility of taxing companies with “super profits” or “super dividends,” Bayrou pointed out that his party had proposed similar measures in previous budgetary years. He emphasized that any rebalancing measures should target those with the most means and that they should focus on addressing the root causes of unemployment.

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 and providing support to those who need it most.

Overall, Bayrou’s statements highlight the importance of fair and targeted measures to address economic challenges facing France while 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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