Emmanuel Macron wants to “focus” 2 billion euros in tax cuts on “the middle cles” by 2027

French President Emmanuel Macron during an interview on the evening news on TF1, May 15, 2023.

The Head of State, Emmanuel Macron, wants “concentrate” 2 billion euros in tax cuts on “middle cl” by 2027, he said, Monday evening May 15, on TF1, “when the budgetary trajectory allows it in this five-year period”.

“In our budgetary trajectory” until 2027, “There are 2 billion tax cuts for households. These 2 billion, I asked the government to make me proposals so that they focus on these middle cles “he said, without specifying the measures envisaged.

“I asked the government to work on it, but I don’t want to close doors here, because there may be smart things to do on some of the charges you pay, the contributions you pay when you are employed. So that’s what will allow people who work, who are [parmi les] middle cles, to have, in a way, a larger amount of living space for them”did he declare.

“Income between 1,500 and 2,500 euros”

When could the tax cuts take place? “When the budgetary trajectory allows it in this five-year term, in this term of office”replied Emmanuel Macron, who did not go into detail.

The Head of State had already insisted on the ” middle cles “ in a newspaper interview Opinion Sunday, quoting “Those who are too rich to be helped and not rich enough to live well”with some “income between 1,500 and 2,500 euros”.

This mantra has also been hammered home for several weeks by the budget minister, Gabriel Attal. Very unpopular after the forced adoption of the pension reform, Emmanuel Macron embarked on an economic sequence focused on reindustrialization, with the announcement of several investments, in particular in Hauts-de-France.

The World with AFP

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