The orange color is not only that of MoDem for François Bayou. It is also that of his coat when his horses compete in horse races. In addition to his political career, the founding president of the centrist movement is also an owner and breeder of thoroughbreds. He is therefore doubly concerned by the amendment which aims to increase taxes on gambling and gambling, and therefore on horse race betting. Amendment that set fire to the dust in the racecourses, stables and breeding farms of France.
“When we talk about betting, we must never forget that betting on horse racing supports an industry whose jobs number in the tens of thousands,” he states in the preamble. In France we are fortunate to find a virtuous system that is unique in the world which allows this sector to finance itself: nothing is paid for by the public authorities. We must therefore maintain this decisive advantage that we have on European territory and also throughout the world. »
“Nothing is the responsibility of public authorities”
Already on the front line during Covid, François Bayrou played a central, if not decisive, role in the discussions with the President of the Republic for the resumption of competitions in May 2021. These were therefore part of the first sporting activities to resume.
More than three years later, he once again does not hesitate to support the requests of socio-professionals: “The amendment in question risks unbalancing an entire sector. I can’t imagine anyone allowing a mistake like this to happen for marginal gains. This could jeopardize many agricultural activities and jobs. Just think of the major French events such as the Prix de l’Arc de Triomphe, the Prix de Diane, the Prix d’Amérique and many other major events to realize the importance and popularity of racing which, thanks to the racecourses, also offers an unrivaled territorial network. »
Time.news Editor: Welcome! Today, we have the pleasure of speaking with [Expert’s Name], a renowned figure in both the political and equestrian worlds. [Expert’s Name], thank you for joining us!
Expert: Thank you for having me! I’m excited to discuss the intersection of politics and horse racing.
Time.news Editor: Absolutely! Let’s dive right in. François Bayrou, the founder of the MoDem party, has recently raised concerns about an amendment to increase taxes on gambling, particularly affecting horse race betting. As a horse owner and breeder, his perspective is especially pivotal. What are your thoughts on how this amendment could impact not only the horse racing industry but also the broader gambling sector in France?
Expert: That’s an interesting question. For someone like Bayrou, whose interests are directly tied to horse racing, the stakes are much higher. Increased taxes on gambling could deter patrons from betting on races, leading to lower revenues for racecourses and, in turn, impacting the livelihood of breeders and trainers. The ripple effect could devastate the already delicate balance of the industry.
Time.news Editor: It seems that this amendment has created quite the stir, with a strong reaction from horse racing enthusiasts. What do you think are some of the specific concerns from those involved in the industry regarding this tax increase?
Expert: Well, there’s a significant emotional and financial investment for many in the industry. Horse racing is not just a sport but a lifestyle and an economic driver for many regions. Increased taxes could lead to a decrease in betting volume, which would directly affect the funds available for purses, maintenance of facilities, and even the breeding of horses. People worry that it could ultimately diminish the quality and prestige of French horse racing.
Time.news Editor: That’s a valid concern. Bayrou’s dual role as a politician and a thoroughbred owner certainly gives him a unique vantage point. How do you think his personal stakes in this matter influence his political stance?
Expert: It’s likely that Bayrou’s personal experiences with the horse racing world shape his argument against the amendment. When politicians advocate on issues that hit close to home, it adds a layer of authenticity to their voice. He knows firsthand what these changes could mean for people and industries he cares about. His orangish coat might be the symbol of his political party, but it also represents his deep ties to the equestrian community.
Time.news Editor: Would you say there’s a possibility that this situation could mobilize more advocacy from within the horse racing community? Perhaps leading to political action or lobbying efforts?
Expert: Certainly! This amendment could serve as a rallying point for those in the horse racing community to unite against it. Mobilizing industry stakeholders can be powerful, as they often have significant economic influence and grassroots support. Public demonstrations, campaigns, and partnerships with political allies who share their concerns could all emerge as responses to safeguard their interests.
Time.news Editor: It’s fascinating to see how interconnected these worlds are. Before we wrap up, what would be your advice for those within the horse racing industry who are feeling the pressure from this proposed tax increase?
Expert: My advice would be to engage actively in dialogue with policymakers. They should clearly voice their concerns and share compelling stories about how horse racing supports local economies and traditions. Building coalitions with other stakeholders in the gambling and sports communities could amplify their voices. Collaboration can be transformative, especially when addressing an issue that affects so many livelihoods.
Time.news Editor: Thank you, [Expert’s Name], for sharing your insights with us today. You’ve certainly highlighted the complexities and the need for a collective voice in the face of such challenges.
Expert: Thank you! It’s been a pleasure to discuss these vital issues, and I hope for a favorable outcome for the horse racing community.
Time.news Editor: And that wraps up our conversation for today. Stay tuned for more engaging discussions on critical topics shaping our world!