Richardcyoung.com

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin & Alfie Oakes
  • World Gold Mine Production
  • Fidelity & Wellington Since 1971
  • Hillsdale College
  • Babson College
  • Contact Us

Macron—“President for the Rich” Reforming France’s Taxes

November 1, 2017 By Debbie Young

President Donald J. Trump and President Emmanuel Macron at the arrival ceremony at Les Invalides in Paris, July 13, 2017. (Official White House Photo by Shealah Craighead)

As Washington grapples with loopholes and tax credits, do politicians really want to explain to American voters why they let the U.S. trail even France? Let’s hope our lawmakers noticed that President Emmanuel Macron is overhauling France’s taxes as a way to stimulate investment and create jobs.

Mr. Macron pushed through the National Assembly a budget that features substantial tax relief. By 2020, the top rate on corporate profits will fall to 28% from 33.33% today, reports the WSJ, and will include a flat 30% on capital income as well as an end to the wealth tax on all assets, ex real estate.

The tax cuts are also a bid to woo businesses thinking of leaving Britain after Brexit. Even dirigiste Paris has figured out that tax codes can’t be confiscatory in a world of globally mobile capital and labor.

Perhaps more important is Macron’s focus on simplicity and lower rates.

While the elimination of some credits and exemptions might lead to higher payments for some companies or individuals, both governments aim for tax systems that are easier to understand and administer, more efficient, and that distort their economies less.

Washington is often tempted to think none of this matters because companies inevitably will be drawn to world’s largest economy. For some that’s true. But a growing European economy under reformers such as Mr. Macron increasingly offers its own enticing opportunities for investors.

Read more here.

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • Taxes on Dividends
  • Survival States: Sales Taxes
  • France’s Macron Beats Back the Rail Union
  • Author
  • Recent Posts
Debbie Young
Debbie Young
Debbie, our chief political writer of Richardcyoung.com, is also our chief domestic affairs writer, a contributing writer on Eastern Europe and Paris and Burgundy, France. She has been associate editor of Dick Young’s investment strategy reports for over five decades. Debbie lives in Key West, Florida, and Newport, Rhode Island, and travels extensively in Paris and Burgundy, France, cooking on her AGA Cooker, driving through Vermont and Maine, and practicing yoga. Debbie has completed the 200-hour Krama Yoga teacher training program taught by Master Instructor Ruslan Kleytman. Debbie is a strong supporting member of the NRA.
Debbie Young
Latest posts by Debbie Young (see all)
  • Allowing Free People to Make a Democratic Choice - June 20, 2025
  • Political Theater on Display: Padilla’s Wild Day - June 20, 2025
  • A Great Victory for Liberty - June 19, 2025

Dick Young’s Must Reads

  • Democracy & Diversity: Not In the Constitution
  • Fireside Chat: Dick Young and Your Survival Guy
  • Gold/Silver Coins No Longer Allowed in Safe Deposit Boxes
  • Are You Prepared to Run Out of Water?
  • What to Do about China?
  • The Government Attack on Americans’ Independence
  • Your Best State on Guns, Plus the 8th Wonder of the World
  • Are You Looking for Investment Counsel? 2 Questions
  • Are You Guided by the Prudent Man?
  • DONBAS: Russian Tanks Face Gauntlet of Death from Javelin Wielding Ukrainians

Our Most Popular Posts

  • The Night of the Living Dead
  • TRUMP: "Everyone Should Immediately Evacuate Tehran!"
  • Are You Familiar with the EF and Arithmetic?
  • A Classic Issue from Richard C. Young’s Intelligence Report
  • A Nationwide Day of Defiance
  • Political Theater on Display: Padilla's Wild Day
  • Best Bang for Your Buck: Top 5 AR-15s of 2025
  • Epic Man Cave with Car Elevator in Utah
  • Israelis Speculate on American Involvement in War with Iran
  • GBU-57/B: Massive Ordnance Penetrator (MOP)

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • Richard C. Young’s Intelligence Report from Feb. 1987
  • America’s Energy Boom: Record Net Exports and Rising Renewables
  • Senate Passes First U.S. Stablecoin Regulation Bill
  • Game-Changing Vision: Meta and Oakley Unveil AI Performance Eyewear
  • A Great Victory for Liberty
  • Letchworth: Are You Living Your Best Retirement Life?
  • Job Openings Rise in Four States, National Rate Steady
  • Ethane Shipments Stall as U.S.-China Trade Tensions Rise
  • Historic Tax Cuts Across All States
  • Are You Familiar with the EF and Arithmetic?

RSS Yoursurvivalguy.com

  • Richard C. Young’s Intelligence Report from Feb. 1987
  • Private Equity Is the Next Big Thing Coming for YOU
  • The Wildlife in Kansas
  • PRECIOUS: Silver and Gold
  • June Rage Gauge: Best Déjeuners in Paris
  • Letchworth: Are You Living Your Best Retirement Life?
  • Will SALT Kill the “One Big Beautiful Bill?”
  • You’ve Read the Last Issue of Intelligence Report: Back to Investor’s Yield
  • The Sound of Silence?
  • Are You Familiar with the EF and Arithmetic?

US Treasury Yield Curve: My Favorite Investor Tool

My Key West Garden Office

Your Retirement Life: Traveling the Efficient Frontier

Live a Long Life

Your Survival Guy’s Mt. Rushmore of Investing Legends

“Then One Day the Grandfather was Gone”

Copyright © 2025 | Terms & Conditions | About Us | Dick Young | Archives