How the world’s richest man became a lightning rod in French retirement age row
Macron’s pension reform plan is facing fierce resistance, with calls to tax tycoons instead.
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Protesters in France have been exhorting the world’s richest man, LVMH owner Bernard Arnault, to do more for the common good.
PHOTO: AFP
Leila Abboud
President Emmanuel Macron’s unpopular plan to raise the retirement age by two years to 64 has ignited a debate in egalitarian-minded France: are the billionaires to blame?
As labour unions held a second massive strike on Tuesday, which drew hundreds of thousands of people onto the streets across the country, left-wing politicians have gone on the attack to argue that taxing the super-rich would be a better way to plug deficits in the state-run pension system.