Speaking on RTL radio, government spokesman Benjamin Griveaux, a close ally of Macron’s, said all policies involving taxation needed to be reevaluated from time to time and, if deemed not to be working, should be changed.
“If a measure that we have taken, which is costing the public money, turns out not to be working, if it’s not going well, we’re not stupid - we would change it,” he said.
He defended Macron’s decision on coming into office last year to amend the wealth tax - known in France as ‘ISF’ - by narrowing it to a tax on real estate assets, rather than covering all worldwide assets, from jewelry to yachts to investments, over the value of 1.3 million euros.
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