French families can benefit new tax relief if a proposal submitted by former Prime Minister Édouard Philippe is being implemented, which aims to compete for France's presidency in 2027.
According to the French newspaper Le Figaro, Philippe has promised tax cuts to support families since the birth of the first child, putting family policy at the centre of the debate on the upcoming election.
The proposal comes at a time when the cost of living, child rearing spending and purchasing power remain among the concerns of French families.
Philippe, who headed the French government from 2017 to 2020, is the announced candidate of the Horizon Party for the 2027 presidential election.
On October 8th, he was the first guest to return the political show * Léure de vérité* on public television France 2, where the discussion focused on the economy, pensions, public debt and other issues affecting citizens.
According to France Télévisions' announcement, the show conducted by journalist Caroline Roux aims to ask candidates to explain their proposals for the country's future.
Philip's initiative for families also matters because of the way the French tax system actually works.
According to the official Service Public portal, children in charge already influence the accounting of income taxes through the family parts system. However, Philippe's new proposal is aimed at additional support for families.
Details on the sum of tax reductions, family categories that would benefit and the way mass financing has not been fully clarified in available information.
For this reason, it is a political promise, not a tax change that has entered into force.
The issue of family support is expected to remain part of the political debate in France, where candidates will have to explain how to finance their proposals in terms of pressure on public finances.
For French families, the main question is whether campaign promises will turn into concrete measures that reduce daily spending.
