Are there more details on Macron's vision of how tax cuts will positively affect (French) society? I found a story from last year his rejection of the well-known “trickle-down” economics narrative, coupled with his talk of “lead climbers” pulling the rest behind them:

Commentators have likened Macron’s policies to the “trickle-down” economics espoused by former U.S. president Ronald Reagan and Britain’s Conservative prime minister Margaret Thatcher. They believed tax cuts for the rich would benefit the poor through increased consumption and investment.

Macron on Sunday rejected trickle-down economics, opting instead for a rock-climbing analogy whereby he wanted “lead climbers” to be strong enough to haul up those behind.

I found a more recent (June 2018) story that three economists who were close to him pre-election (and one of which previously described Macronsim as akin to a Scandinavian model) have sent Macron a "confidential" note (which nonetheless made it to the press) in which they accuse him of drifting to the right, among other things on inequality:

Macron, who campaigned on a promise to be “neither left nor right”, moved swiftly in his first year to loosen labor rules and slash a wealth tax, earning himself the nickname “president of the rich”.

The economists said there was a risk the French would find these measures unfair and think the government is deaf to the needs of the poorest in society.

“The president must talk about the issue of inequalities and not leave this debate to his opponents,” the economists wrote.

Among proposals to reduce inequalities, the economists suggested a rise in inheritance tax for the richest, scrapping tax credits on property investments, and cancelling Macron’s promise to abolish a housing tax for the wealthiest 20 percent.

Macron’s office confirmed it had received the note, but said it did not foretell government policy.

So clearly the "Scandinavian model" has yet to come through Macron's actual policies... So what is his economic discourse presently (2018)? In particular has Macron articulated his "lead climbers" vision in any more detail?

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    FWIW, the rock climbing analogy is poorly chosen. Lead climbers don't pull up the ones behind them. At most, they'll establish a path, set anchors for belaying, &c. – jamesqf Jul 16 at 5:51
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    @jamesqf: I guess Macron doesn't have actual climbing among his hobbies. – Fizz Jul 16 at 5:57

I found a little bit more from his discourse in July, but it's still mostly at the depth of sound bites:

he was determined to push on with ambitious reforms despite losing the backing of many working class and rural voters. “To share the cake, there has to be a cake,” he said.

Previous high taxes in France had only benefited wealth managers in “Switzerland, Luxembourg and the Cayman Islands,” he said.

There's a bit more on Twitter in April, based on a TV interview, which has this written summary:

Je ne crois pas à la théorie du ruissellement. Simplement:

  1. Empêchez les gens de réussir en France, ils iront réussir ailleurs.
  2. Des milliers d’entrepreneurs s’en allaient. En supprimant l’ISF, ils participent maintenant au financement de notre économie.

Basically he says (after repeating he doesn't believe in "trickle down") that (1) "if you prevent people from succeeding in France, they'll succeed elsewhere" [and in the interview he's talking about "the best" emigrating in such circumstances] and (2) he claims that thousands of entrepreneurs were leaving France because of the wealth tax. (In the TV interview he seems to me he might even have said "hundreds of thousands", but it may be because he speaks so quickly that he actually said "hundreds or thousands"; the latter is actually the correct figure [depending on time frame] according to a reply with statistics). Anyway, in the interview he says that the tax cut will allow these entrepreneurs to reinvest in France. And the end of the interview her reiterates (1) "keep the talents" and (2) "have a French financing of our economy". He also said that he'll re-evaluate the effect of the wealth tax elimination in two years.

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