CHRONICLE – Whichever majority wins, it will have to increase taxes to make ends meet. The left-wing coalition is making it a campaign argument, the RN and Renaissance are more discreet.
France has little room for maneuver to absorb the political chaos caused by the dissolution of Emmanuel Macron. According to the first polls, three paths seem to emerge for the next assembly: an unobtainable majority, which will make people regret the last coalitions built text by text, a victory for the RN or more improbably for the new left coalition. At the heart of this slump, there is at least one certainty, despite the country’s already record compulsory tax rate, that of future tax increases. The first challenge for the next government will in fact be to reassure the financial markets.
As such, he will have to present a 2025 budget, or undoubtedly a budgetary correction for 2024 this summer, committing to a reduction in the deficit. Last week, even though the candidates for Matignon had not declared anything that was not expected, French rates were battered on the markets. The difference between French rates…
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