'The System Is Shaken': As Yellow Vests Persist in France, Macron Bends With Minimum Wage Hike and Pension Tax Canceled
Following four weeks of “Yellow Vest” protests which have erupted into violence at times, French President Emmanuel Macron indicated Monday that his government can no longer ignore the demands of hundreds of thousands of citizens—announcing a minimum wage increase and a cancellation of a tax on retirees, but still refusing to relent on one of his most widely-criticized tax reforms.
In a pre-recorded televised address, Macron told the country that the minimum wage would be raised by €100, or $113, per month. As part of the “concrete measures” he said must happen to alleviate the suffering of low- and middle-income French households, a planned tax on pensions under €2,000 will be canceled and overtime pay will be tax-free.
The announcement follows weeks of protests which first began in rural areas but have spread across the country, with Parisian officials calling for a lockdown over the weekend after more than 100,000 protesters poured into the city’s streets. More than 1,200 demonstrators were arrested on Saturday.
On social media, some observers applauded the extreme measures taken by the demonstrators and pointed out that Macron would have been able to ignore the demands of the Yellow Vests if they hadn’t forced him to relent.
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