Chirac's cabinet sold many public companies, renewing the liberalisation initiated under Laurent Fabius's Socialist government of 1984–1986, and abolished the solidarity tax on wealth (ISF), a symbolic tax on those with high value assets introduced by Mitterrand's government. Elsewhere, the plan for university reform (plan Devaquet) caused a crisis in 1986 when a student called Malik Oussekine was killed by the police, leading to massive demonstrations and the proposal's withdrawal. It has been said during other student crises that this event strongly affected Jacques Chirac, who was afterwards careful about possible police violence during such demonstrations (e.g., maybe explaining part of the decision to "promulgate without applying" the First Employment Contract (CPE) after large student demonstrations against it).