Economic proposal game

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As in 2017, the two candidates defend household purchasing power and claim to re-industrialize France, but have two radically different economic programs. An overview of their main suggestions.

After spending five years at the Elysee Palace, presidential candidate Emmanuel Macron runs an economic program centered on work priorities, French charm, and the seriousness of a particular budget, at the risk of appearing far away from fear. I am continuing the course. Very immediate reaction of the French regarding their purchasing power.

After spending five years at the Elysee Palace, presidential candidate Emmanuel Macron runs an economic program centered on work priorities, French charm, and the seriousness of a particular budget, at the risk of appearing far away from fear. I am continuing the course. Very immediate reaction of the French regarding their purchasing power.

An overview of the main economic proposals for presidential candidates.

pension

Emmanuel Macron has shelved his ambitions for a complete overhaul of the pension system, which has sparked strong opposition, and turned it into a more “parametric” reform. He abolished special diets and gradually raised his retirement age to 65. It offers adjustments for long careers and difficult jobs and promises to raise the minimum fixed annuity to € 1,100 per month.

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In the face of protests caused by this proposal, he said on Monday he was ready to “open the door” to postpone the starting age instead of 64.

Conversely, Marine Le Pen wants to reduce the starting age of French people who started working before the age of 20 to 60. Those who entered the working life between the ages of 20 and 24.5 can leave between the ages of 60.75 and 62. The system will not change for others. Candidates will also reindex inflation pensions and raise the minimum old age to € 1,000.

Household tax

Reduction of VAT of energy products to 5.5%, exemption of income tax under 30 years old, etc. Marine Le Pen plans to reduce Emmanuel Macron’s € 7 billion by about € 19 billion over five years, especially with the abolition of audiovisual license fees.

The two candidates also want to reduce the tax on gifts and inheritance. Emmanuel Macron proposes to exempt inheritance rights of up to € 150,000 per child (currently € 100,000) and other families of € 100,000. Meanwhile, Marine Le Pen wants to exempt donations of up to € 100,000 per child every 10 years. Finally, Marine Le Pen wants to tax financial assets in order to tax “speculation,” she says.

Work, wages, profits

Coordinating RSA to 15-hour or 20-hour integration activities is one of the most discussed means of a presidential candidate program that is supposed to reward work. He also triples the bonus limit without social costs or taxes that businesses can pay to their employees, requires companies that pay dividends to share profits with their employees, and even employment and retirement. I want to promote the accumulation.

Emmanuel Macron will also further reform unemployment insurance to be “more severe” if there is too much unemployment and “more generous” if the unemployment rate is high. Finally, to limit the non-use of aid, it defends the payment of profits “at the source” to all those entitled to them.

On her side, Marine Le Pen wants to encourage businesses to raise wages by increasing their workforce by 10% and exempting them from donations that earn less than 3 Smics. The program, aimed at fighting immigrants, wants to secure social assistance for the French and create a solidarity benefit that is subject to five years of work.

Corporate

Marine Le Pen wants to apply a program that favors VSE and SME. For example, lowering production taxes, eliminating taxes on business transfers, and prioritizing public contracts.

With a desire to defend “economic patriotism,” she “2% large-scale national financing” to finance investment, review free trade agreements that do not respect the interests of France, and withdraw agricultural free trade agreements. I want to start. Finally, we want to re-nationalize the highway company.

Emmanuel Macron will continue to reduce production taxes through the abolition of CVAE (Corporate Value Added) and will reduce self-employed rates to increase self-employed income by € 550 annually. minimum wage. Finally, we rely on the French 2030 investment plan already announced last fall to stimulate investment in future projects.