Macron indicated the society he wanted by cutting the wealth tax. He lost France by doing so.

Posted on

The Guardian discusses protests in France this morning, 8nckuding this comment and quote:

Isabelle, 41, a single mother, had never taken part in a protest movement before. She works at a sandwich stand at Toulouse airport for the minimum wage — less than €1,200 a month — and her daily shifts begin at 3am. She was among many who had deliberately spoiled her ballot paper in last year’s presidential election final round, unwilling to choose between Macron or the far-right Marine Le Pen.

“This is now about so much more than fuel tax,” she said. “We seem to live in a world gone mad where the rich pay next to nothing and the poor are constantly taxed. We’ve had enough of the elite.”

It is fifteen years since tax justice campaigning began. But the attitude of the wealthiest has not changed. They still think tax ‘is for little people’. They are wrong. We said so. Now very large numbers of people are agreeing.

Macron made a major mistake in France. He cut the wealth tax.  He really should not have done that whilst cutting benefits.

The fact is that nothing reflects the aspiration for the society you want more than the taxes you choose to levy. Macron indicated the society he wanted. He lost the French by doing so.