François Bayrou Calls for Targeted Tax Increases and Fair Economic Measures as France Faces Deficit

François Bayrou urges government to consider targeted tax hike

François Bayrou has called for a targeted increase in taxes, a demand made by the MoDem party for several years. However, Finance Minister Bruno Le Maire has refused this proposal. Bayrou emphasized the need for free and open discussion between government and parliament on this issue, especially with the announcement of a public deficit in 2023 that is significantly higher than initially forecasted.

When asked about President Yaël Braun-Pivet’s remarks regarding taxing companies with “super profits” or “super dividends,” Bayrou pointed out that his party had proposed similar measures in previous budgetary years. He stressed the importance of targeting those with the most means and those who have been most affected by the crisis when implementing any rebalancing measures.

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 but instead urged reforms to focus on addressing the root causes of unemployment.

Overall, Bayrou’s statements underscored 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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