December 23, 2024

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Macron and Le Pen: The economic proposals match

Macron and Le Pen: The economic proposals match

As in 2017, the two candidates, Emmanuel Macron and Marine Le Pen, claim that they defend the purchasing power of families and want to re-industrialize France, but they have two completely different economic programmes. An overview of their main proposals.

annuities

After emmanuel Macron balked at his ambition to overhaul the pension system, which sparked strong opposition, he turned to a more “frontier” reform: gradually raising the retirement age to 65, while scrapping special diets.

It provides adjustments for long careers and difficult jobs and promises to increase the minimum full pension to 1,100 euros per month.

Faced with the protests sparked by this proposal, he said he was ready on Monday to “open the door” to delaying the starting age instead of 64.

On the contrary, Marine Le Pen wants to reduce the starting age to 60 for the French who started working before the age of 20. Those who entered 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.

The candidate also plans to re-index inflation-related pensions and raise the old-age minimum to 1,000 euros.

home taxes

Reduction to 5.5% of VAT on energy products, exemption from income tax for those under 30 years old, etc. Marine Le Pen is planning tax cuts of about 19 billion euros for families over five years, compared to 7 billion euros for Emmanuel Macron, notably through the abolition of audiovisual licensing fees.

The two candidates also want to reduce taxes on gifts and inheritance. Emmanuel Macron proposes exempting inheritance rights of up to 150,000 euros per child (compared to 100,000 euros today), and 100,000 euros for other family members, while Marine Le Pen wants to exempt donations of up to 100,000 euros from tax.Every child every tenth Years.

Finally, Marine Le Pen wants to tax financial wealth in order to tax “speculation,” she says.

Work, wages and benefits

RSA conditioning for 15 or 20 hours of integration activity is one of the most discussed measures in the President-Candidate program among those that are supposed to reward work.

He also wants to triple the bonus cap without social fees or taxes that companies can pay their employees, or require dividend-paying companies to share their profits with their employees, or even promote job backlog and retirement.

Emmanuel Macron also plans to push ahead with unemployment insurance reform to make it “stricter” when there are too many vacancies and “more generous” when unemployment is high.

Finally, to limit recourse to assistance, it advocates the payment of benefits ‘at source’ to all who are entitled to it.

For its part, Marine Le Pen wants to encourage companies to increase wages, by exempting contributions who increase their employees by 10% earn the equivalent of less than three thick. In her anti-immigration programme, she wants to reserve social assistance for the French and make solidarity benefits subject to 5 years of work.

comp

Marine Le Pen wants to implement a program in favor of SMEs and SMEs, for example by lowering production taxes, eliminating taxes on business transfers and prioritizing them in public contracts.

In defense of “economic patriotism”, it wants to launch a “large national loan with a 2% bonus” to finance investments, review FTAs ​​that do not respect France’s interests, and withdraw FTAs.

Finally, you want to re-nationalize the highway companies.

Emmanuel Macron intends to continue cutting production taxes, by abolishing CVAE (the contribution to corporate value added), and lowering fees for the self-employed in order to increase their income by 550 euros per year for those who earn the equivalent of the minimum wage. Finally, it builds on France’s 2030 Investment Plan, announced last fall, to spur investment in future projects.

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