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Macron to speed up tax cuts, raise wages at 'historic time' for France

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French President Emmanuel Macron on Monday pledged to cut taxes for pensioners and raise the minimum wage in January but refused to reinstate a wealth tax, as he sought to respond to a wave of protests that have challenged his authority.
In his first national address following France's worst unrest for years, Macron sought to restore calm and struck a humble tone after accusations his governing style and economic policies were fracturing the country.
But he refused to reinstate a wealth tax and to back down on his reform agenda, which he said would proceed in 2019 with overhauls of pensions, unemployment benefits and public expenditures.
His response came 48 hours after protesters fought street battles with riot police, torching cars and looting shops - the fourth weekend of protests for the so-called "yellow vest" movement which started as a revolt against high fuel costs.
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