A wild weekend
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.