France: Nicolas Sarkozy, the new president, is presenting his reform program

The candidate Sarkozy's reform in the social marked the presidential campaign, placing "the rehabilitation of labour value" as one of his main strengths. Exempting extra hours from taxes, supervising the right to strike, and trade union representation are the topics on which the president has established a clear reform agenda. (Ref. 070436)
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Exempting extra hours from taxes as soon as July. The elected president wants extra hours to be paid 25% more than regular hours and to be exempted from social and fiscal charges. The idea is to incite the French to “work more to earn more”, without directly questioning legal weekly working hours. Set first, this major measure from Nicolas Sarkozy’s electoral program should be subjected to a bill presented in the next few days to the council of ministers, to be adopted in July.

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