A wild week­end

Herald Sun - - WORLD - AFP, AP

ne­go­ti­ate on spend­ing power, which is what un­der­pins all this anger,” Mr Cauchy said.

Mr Macron, whose ap­proval rat­ings are down to just 23 per cent, will speak about the is­sue “early next week”, said Richard Fer­rand, a se­nior MP from the Pres­i­dent’s party.

The Pres­i­dent, who since last Satur­day has not com­mented pub­licly on the deep­est cri­sis of his term in of­fice so far, did not want to “pour oil on the fire” be­fore the week­end’s protest, Mr Fer­rand said.

Mem­bers of the gov­ern­ment have sig­nalled they are ready to make fur­ther con­ces­sions. But Mr Macron’s of­fice said he would stick to cut­ting a “for­tune tax” on high earn­ers, which the for­mer in­vest­ment banker abol­ished last year.

Restor­ing the wealth tax is now a core de­mand of the “yel­low vests,” along with an in­crease in the min­i­mum wage.

Many pro­test­ers feel Mr Macron has an elit­ist, out-oftouch at­ti­tude that ig­nores high taxes and un­em­ploy­ment.

They feel the fuel tax hike in par­tic­u­lar favoured city dwellers who use pub­lic trans­port over poorer ru­ral res­i­dents who must drive to work or school or shops.

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