Will VAT ruin the French to save pensions?

For several years now, the question of the financing of pensions in France has been at the heart of political and economic debates. A controversial solution, social VAT, returns to discussions, fuelling tensions between employers, trade unions and the government. This idea, which consists of increasing value added tax (VAT) in order to finance part of pensions, is being revived by the employers, while the country faces increasing economic challe…