PARIS: French President Emmanuel Macron on Monday pledged to cut taxes for pensioners and raise the minimum wage in January but refused to reinstate a wealth tax, as he sought to respond to a wave of protests that have challenged his authority.
French President Emmanuel Macron addresses the country following the yellow vests protests. While refusing to reinstate a wealth tax or back down on the current reform agenda, he promises an increase to the minimum wage and to remove some taxes on low income earners.