HomePoliticsBudget 2025: Emmanuel Macron is angry about tax increases and labor costs

Budget 2025: Emmanuel Macron is angry about tax increases and labor costs

This Friday, October 25, the President of the Republic received artisans, associations and industrialists assigned to “made in France.” During his speech, he commented on current political events and, in particular, the examination of the finance bill studied by Parliament.

Emmanuel Macron is closely following the debates in the National Assembly. This Friday, October 25, gathering French industry players on the sidelines of the “Made in France” exhibition at the Elysée, the Head of State spoke out against an increase in taxes on companies.

Proclaiming a “macroeconomic coherence” of seven years of Macronist presidency, the President of the Republic recalled “some of (his) battles,” particularly in fiscal matters and support for companies.

“All this (the success of French industry, editor’s note) is not possible if we increase taxes, increase the cost of work and think that we are solving the problems of the public deficit by completely returning to the coherence of a macroeconomic policy.”, launched Emmanuel Macron to the actors in the Made in France sector.

A concern that echoes the debates on the finance bill that deputies are currently studying. If the government had foreseen an increase of 20 billion in state income, especially concentrated in the richest, the amendments returned to further strengthen the “revenue” section of the 2025 budget.

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Thus, the deputies reinforced the “exit tax”, but other charges are being studied, including the reestablishment of the housing tax, desired by several local elected officials. The contribution of companies with higher incomes, included by Michel Barnier’s government, also remains relevant.

A call to “develop learning” – threatened with a plane

“Simplification”, state support for companies, opening of factories on French soil… In a few minutes, Emmanuel Macron has painted the portrait of his economic policy of the last seven years, asking not to dismantle what has been built. And, in particular, do not go backwards in the learning system.

“We went from 250,000 to 800,000 apprentices! “We must continue, promote the sectors and develop learning among young people!” launched the president, who points to an even greater objective.

However, support for the apprenticeship system is no longer keeping up with the times. The government wants to cut this extremely expensive system to generate one billion euros in savings.

Author: Tom Kerkour
Source: BFM TV

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