François Bayrou urges government to consider targeted tax hike

François Bayrou Pushes for Targeted Tax Increases and Calls out Misguided Unemployment Insurance Reform: An Examination of the MoDem’s Economic Policies.

On Monday, François Bayrou urged the government and parliamentarians to engage in discussions over a targeted increase in taxes. The MoDem party has been pushing for this proposal for several years. However, Finance Minister Bruno Le Maire has refused this demand categorically. Bayrou emphasized the importance of sitting down and exploring this topic freely, especially with the announcement of a potentially higher public deficit in 2023 than initially forecast.

When asked about the possibility of taxing companies with “super profits” or “super dividends,” Bayrou highlighted that the MoDem had already suggested similar measures in previous budgetary years. He emphasized the need for rebalancing measures that target those with more resources, particularly those affected by the crisis, while also maintaining France’s appeal to investors.

Bayrou expressed his opposition to a proposed reform of unemployment insurance that aims to reduce compensation duration. He argued that blaming the unemployed for unemployment is misguided, especially considering many individuals may have lost work skills over time. Bayrou suggested a different approach to reforming unemployment insurance is necessary.

In summary, François Bayrou’s call for discussions on tax hikes targeted towards those with more resources and his opposition to proposed reforms of unemployment insurance reflect the MoDem’s ongoing efforts to address economic challenges in France.

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