Macron will cut taxes and increase pensions | Chronic



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The French president, Emmanuel Macron, confirmed Thursday its intention to reduce income tax by about 5 000 million euros, while trying to tie pensions to inflation, in response to protests triggered five months ago by the movement of "yellow vests".

In a press conference, Macron defended the need to "work more" offset the decrease in taxes and the reduction in public spending that your government is seeking.

"About $ 5,000 million, I think it would be fine", said about the reduction in income tax he wanted, although he left it to his government to specify the amount, adding that this reduction would be funded in part in order to benefit from certain tax exemptions for companies.

With regard to pensions, Macron's intention is that the minimum for contributory pensions is greater than 1,000 euros.

In addition, the president pleaded for an extension of the contribution period for workers, without however delaying the legal retirement age.

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

In the end, Macron was surprised to be in favor of abolishing the National School of Administration (ENA), considered as the country's elite nursery, one of the most controversial appearance and that he had planned to announce. April 15 last in a speech canceled by the fire of Notre Dame Cathedral.

The main measures announced this Thursday had already been filtered by the French media after the cancellation of the televised speech ten days ago, which finally did not take place.

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