Macron will lower taxes and increase pensions to calm yellow jackets – ElSol.com.ar – Diario de Mendoza, Argentina

French President Emmanuel Macron confirmed Thursday that he planned to reduce the income tax by about 5 000 million euros, while trying to link the decline in pensions to the Inflation, in response to protests aroused by the movement of the yellow vests ".

At a press conference, Macron defended the need to "work more" to offset lower taxes and reduced public spending sought by his government.

"About $ 5 billion, I think it will be fine," he said of the reduction in the income tax, although he left it to his government to clarify the amount, adding that this reduction would be partially funded certain tax exemptions that benefit businesses.

As far as pensions are concerned, Macron's intention is that the minimum for contributory pensions should be more than one thousand euros.

He pleaded for an extension of the contribution period for workers, without, however, delaying the statutory retirement age.

He also listed other goals for the remainder of the term, such as a constitutional reform allowing for a "differentiated" decentralization, a reduction in the number of parliamentarians and the introduction of a percentage of proportionality in the lower house.

He was in favor of the abolition of the National School of Administration (ENA), considered as the nursery of the country's elites, one of the most controversial measures that he threw in his appearance and that he He had planned to announce the 15th of April. in a speech canceled by the fire of Notre Dame Cathedral.

The main measures announced today had already been filtered by the French media after the cancellation of the televised speech, which did not take place.