Creation of a universal basic income
- Hamon advocates gradually introducing a universal basic income in France. Initially, the programme would only affect young people between the ages of 18 and 25, as well as welfare beneficiaries, who would receive a monthly stipend of €600 from the state. It would then be expanded to the rest of the population, who would be eligible to receive up to €750 per month. The ultimate goal would be to reduce the workweek to less than 35 hours, therefore creating more employment.
Creation of a decent living wage
- Valls is opposed to the idea of a universal basic income. Instead, he advocates establishing a decent living wage, which would be made up of social benefits and allocated to those over the age of 18, depending on resources. The goal would be to ensure a minimum wage of at least €800 per month. Anyone earning less would be eligible for additional welfare benefits.
Overturn labour reforms
- Hamon wants to overturn recent reforms designed to make France’s labour market more flexible, partly by enabling companies to lay off workers more easily. The controversial legislation – also known as the El Khomri law after its author, Labour Minister Myriam El Khomri – sparked weeks of mass protests across the country last year.
Keep labour reforms
- Valls is a staunch supporter of the labour reforms, which he more or less forced through parliament as prime minister.
Disregard EU Stability and Growth Pact
- Hamon is against the European Union’s Stability and Growth Pact, which requires member countries to keep their budget deficit under 3 percent of the Gross Domestic Product (GDP).
Respect EU Stability and Growth Pact
- Valls wants to “maintain the deficit just below a bar of 3 percent”, but “without making further cuts”.
- Hamon vows to tax the extra money generated by robots that replace workers in order to finance social protections.
Detaxation of overtime hours
- In an effort to increase purchasing power, Valls promises to introduce an amended version of a past right-wing measure that eliminates taxes on overtime work.