Economic Policy and European Integration
Among his desired economic reforms, he is particularly favorable to the establishment of a "social VAT ", designed primarily to increase the VAT on a number of consumer products considered "non essential" in exchange for reducing wage taxes.--"Fiscal policy will have to undergo an increase in VAT. This is the VAT or social protection that I propose."
His plan also calls for extending the contribution period to the current age of retirement and the "alignment of the special on the general scheme."
In 2010, he expressed support for the control of the European Commission on national budgets, saying it is "definitely" necessary. "In the world as it is, who needs large sets, we need more integration of our economic policies, more coordination, it is true in monetary terms, this is true on the fiscal and this is true for taxes", he said.
Read more about this topic: Manuel Valls
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