The Minister of Public Accounts, Amélie de Montchalin, announced on Wednesday a “historic effort” of 32 billion euros in savings and 21 billion in revenue increases as part of the 2025 budget, a total of more than 50 billion euros. euros.
These savings should make it possible to reduce the public deficit to 5.4% of GDP in 2025, compared to 6.1% forecast for 2024. “Most of the savings will come from the State, with 23 billion, including 3 billion concerning its operators », Specified the minister on TF1.
Additional revenue to cover the budget
Among the revenue increases envisaged are a corporate tax surcharge (8 billion euros), a tax on plane tickets, as well as an increase in the tax on financial transactions.
The minister also mentioned the establishment of an “anti-optimization mechanism” to ensure that a minimum of tax is paid by taxpayers subject to income tax, the single flat-rate withholding (PFU) and the real estate wealth tax (IFI). This measure could bring in up to 2 billion euros.
No tax increase for the middle classes
To reassure households, Amélie de Montchalin affirmed that there would be no tax increase for “the middle and working classes”. The income tax scale will be indexed to inflation, and the “flat tax” would remain unchanged. On the other hand, the government intends to maintain the CVAE, a production tax weighing on businesses.
Faced with economic uncertainty, the government has revised its growth forecast for 2025 downwards, from 1.1% to 0.9%. Inflation is estimated at 1.4% for the year. For François Villeroy de Galhau, governor of the Bank of France, “the national interest must go beyond the various personal or partisan interests” to restore confidence and support growth.
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