John Redwood

Will France cut taxes and boost the economy in response to the protests?

For 21 weeks now the Gilets Jaunes have taken to the streets of French cities to protest. It began as a demonstration against high and rising fuel taxes. These tax increases hit families getting children to school and the adults to work, and cut the earnings of the self-employed working from their vans and cars. The higher fuel taxes and slower speed limits were part of President Macron’s policy to curb carbon dioxide emissions. For his trouble the protesters put out of action a majority of the speed cameras, showing him what they thought of his wish to control their lives. The street actions have been stoked by some angry students and by committed protesters of the extreme left and right, but many of those protesting are doing so for the first time. They are people frustrated by low incomes, a  lack of progress in living standards, high taxes and a feeling the political class do not listen to them.

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