What Emmanuel Macron should announce tonight



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His speech is highly anticipated by the French, after three weeks of mobilization of yellow vests. After confirming the abandonment of the carbon tax last week, the head of state must do tonight, in a speech to the Nation from the presidential palace, concrete announcements to calm the wrath of yellow vests.

Before this speech, the President of the Republic will receive at 10 am the social partners as well as the highest figures of the State to hear their proposals, "and with the aim of mobilizing them to act"explains the Élysée.

Among the measures announced, an increase in minimum old age and a mobility premium for the French using their car to get to work. In addition, the abolition of the housing tax could take place earlier than planned instead of being phased in over three years, as could the exemption from social security charges for overtime, which was initially effective as of September 2019. This should intervene next month. For single-parent families, a move should be made with a flat-rate social badistance.

The dilemma of the rise in the SMIC

On the other hand, a boost from the SMIC beyond the expected 1.8% expected should not see the light of day. LCI's guest yesterday, Labor Minister Muriel Pénicaud said this boost "destroys jobs". "If we increase all wages automatically, there are plenty of artisans and traders who will put the key under the door, or they will increase prices and nobody can afford the service"said the minister.

Small consolation prize nevertheless: the (possible) creation of an exceptional tax-free bonus for employees who receive low wages, mentioned by the Prime Minister on the TF1 news platform. This premium, at the expense of the companies, which will decide its payment or not, would be capped and would not be subject to contributions.

Merchants and craftsmen should also benefit from accompanying measures due to the crisis and blockages. Invited this Sunday on France Info, the President of the Federation of Commerce, Jacques Creyssel, proposes, to fill the shortfall of traders estimated at one billion euros, a widening of the opening of stores on Sunday in 2019 or a review of the taxation of physical businesses, in great difficulty in online commerce.

Besides announcements on the economic plan, Emmanuel Macron should also make some "concrete announcements", how the government counted "dialogue with the French"said Secretary of State for Relations with Parliament, Marc Fesneau, on Sunday.

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