In a show of defiance against President Francois Mitterrand's projected tax rise, executive managers and foremen took to the streets of Paris on October 3.
1. GVs Businessmen and office workers marching through street under Air France and other corporate banners (3 shots) 0.20
2. GV Demonstrators gather in L'Espace Balard in Paris 0.26
3. SV Crowd with banners in French 0.29
4. SV Boat on trailer with dogmatism, recession and austerity written on side 0.34
5. GVs & SV Demonstrators listen to band playing (4 shots) 0.51
6. GV & SV Crowd applauds as Jean Menu, President of CGC, gets up to speak (FRENCH SOT) (3 shots) 1.45
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Background: PARIS, FRANCE
In a show of defiance against President Francois Mitterrand's projected tax rise, executive managers and foremen took to the streets of Paris on October 3. It was the first big white-collar demonstration in the city since President Mitterrand announced a package of austerity measures earlier this year. The protest was organised by the largely middle-class Confederation Generale de L'Encadrement (CGC) which has become the most militant union in France. Their prime target was Socialism, as practised by President Mitterrand and the Prime Minister, Pierre Mauroy. Thousands of suited men carried banners with slogans challenging the population to "resist Sovietisation" and calling for "less tax, more work" and "enough of waste, let's save the economy". At their rallying point, L'Espace Balard, a boat stood on a trailer with dogmatism, recession and austerity" scrawled across its hull. Above it was a caption: "the boat of France has arrived". CGC President Jean Menu told the angry middle-class protestors that under present economic policies unemployment would rise by another 400 thousand to 2.4 million by the end of next year. The middle-classes believe they are being taxed for what they judge are Socialist mistakes. Behind their anger is President Mitterrand's plan to introduce an "exceptional surtax next year on the higher earners to try to cover budget deficits and shortfalls in social security and unemployment insurance accounts. An exceptional surtax already exists for the very wealthy, but next year's tax will hit people on only slightly above-average salaries. They will be faced with between five and ten per cent more tax when the new ruling comes into force.
Source: REUTERS - PIERRE RIHOUET