France's Macron vows tax cuts after months of protests

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PARIS: President Emmanuel Macron on Thursday (Apr 25) promised significant tax cuts but also a return to public order in France as he revealed his ...

PARIS: President Emmanuel Macron on Thursday promised significant tax cuts but also a return to public order in France as he revealed his long-awaited response to nearly half a year of street protests.Advertisement

In his headline announcement, Macron vowed to"significantly" reduce income tax for workers in France, while defending his controversial decision to scrap a wealth tax early in his term. He recognised that the yellow vest movement had led to many in France feeling"anger and impatience for change" and praised its"just demands".

But he is likely to have an uphill struggle to convince the French, with an Ipsos-Sopra Steria opinion poll for Le Monde showing that more than three quarters of French voters did not believe the process would improve the political situation.Opinion polls show his popularity rating stuck on or even under 30 per cent, a far cry from the heady days after his inauguration when his approval rating was over 60 per cent.

Macron had been due to make his big announcement via a pre-recorded address which was to be broadcast on Apr 15.

 

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