French PM Barnier signals tax hike on the wealthy By Reuters

PARIS (Reuters) – French Prime Minister Michel Barnier said on Sunday that he would not raise taxes on most French taxpayers, although the wealthiest would have to help close a hole in the budget.

“I’m not going to further increase taxes on all French people, neither on the most modest, nor on people who work, nor on the middle classes. But I cannot exclude the wealthiest from the national effort to rectify the situation,” Barnier told France 2 television.

Barnier also said he was also open to changes to President Emmanuel Macron’s pension reform but that any changes should not undermine the pension system’s finances.