Friday, 14 January, 2022

Wauquiez wants to lower income tax by 10%

As part of the proposals of the “great debate”, the president of LR wishes to focus on three points: taxation, as desired by a majority of French people, “the enhancement of work” and pensions. “I am asking for a 10% drop in income tax for all the middle classes, without conditions,” he told the French daily.

He also wants a reduction in inheritance taxes, which he describes as unfair, “by increasing by 50% the patrimony that one can pass on to his children and grandchildren, during his lifetime, without paying tax” . In terms of work aid, the president of LR proposes to “cap social benefits so that they do not exceed 75% of the minimum wage”. With regard to retirees, Laurent Wauquiez recommends in particular reindexing “all pensions” to inflation. La République en Marche (LaRem), the party that brought Emmanuel Macron to power, said it was in favor of this measure, but only for the most modest retirees.

“Not in favor” of the privatization of ADP

The President of the Republicans said Thursday that he was “not in favor” of the possible privatization of Paris Airport, which would serve “to plug the budget holes”. “I am not in favor of it”, declared Laurent Wauquiez on BFMTV / RMC, while specifying that it was “not by ideology, not by principle”. “These are subjects on which I am very open”. “I look at how much it brings in, and the feeling I have is that we sell off family jewels to plug the budget holes,” he lamented. “In the United States, airports are not privatized,” he also noted.

“Secondly, ADP has done quite a good job, Paris airport has improved, traffic has increased, they have managed well”, continued the president of the Auvergne-Rhône-Alpes region. “Thirdly, there was a privatization in France, it is Toulouse. It turned out very badly, a disaster”. Laurent Wauquiez also ruled that “the operation was done too quickly. I ask the government to rest, not to act in an emergency”.

For his part, Gérard Larcher, President LR of the Senate, reminded LCI that “the Senate is against the privatization of ADP” because “it is a strategic asset that deserves reflection”. “The question asked by the Senate is not a question of classic right / left ideology, but it is to say is that ADP is a strategic asset,” he said. “The Senate will have provided the element of regulation” and “the government has yet to reflect,” added Larcher.

Wednesday, Édouard Philippe estimated that the operation of the public group ADP was “largely perfectible” to defend the contested project of the government to sell all or part of its 50.6% stake in the company managing Roissy and Orly. In front of the deputies during questions to the government, the Prime Minister suggested that the state was not the best shareholder possible, defending the choice of a 70-year concession and a sale of state shares in order to free up “useful” funds to supplement the disruptive innovation fund that the executive wants to create.


Republicans Paris Airports Tax