France's Macron leaning towards further tax cuts

France's Macron leaning towards further tax cuts
French President Emmanuel Macron speaks during a news conference at the Elysee Palace in Paris, France, February 25, 2019. Christophe Ena/Pool via REUTERS   -  Copyright  POOL New(Reuters)
By Reuters

PARIS (Reuters) – French President Emmanuel Macron said on Tuesday he was “rather favourable” towards easing the tax burden following a national debate in wake of anti-government protests.

The 41-year-old leader has launched a series of debates across the country, aimed at reconnecting with voters after waves of protests erupted in mid-November over fuel taxes and the high cost of living.

“I pledged in the 2017 (presidential) campaign to reduce taxes, that will be part of the big macroeconomic choices coming out of this debate,” Macron said during one of the debates in eastern France.

“Should we go faster and cut taxes more, even if it means cutting spending more? Should tax cuts be a priority along with making things simpler? I’m open to all that and rather favourable towards going in that direction,” Macron added.

(Reporting by Jean-Baptiste Vey; Writing by Leigh Thomas; Editing by Sudip Kar-Gupta)

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