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the great fiscal bludgeoning of the NFP to rectify Emmanuel Macron’s “catastrophic balance sheet”

DECRYPTION – Ahead of the government by a day, the left-wing alliance unveiled this Wednesday its 10 flagship measures, “developed in consultation with Lucie Castets and a team of economists”, to put back on track.

One day before the presentation of the 2025 finance bill (PLF) to the Council of Ministers, the New Popular Front unveiled this Wednesday its “10 key measures on the budget”failing to present a formal counter-budget. These proposals “priority”elaborated “in consultation with Lucie Castets and a team of economists”are intended to become amendments to the PLF carried jointly by the Ecologists, the PS, LFI and the PCF. Ambition? Free up 49 billion euros «sans tax increase on the middle and working classes”. For this, the NFP relies on “undertaxed resources”, notably the removal of certain “tax loopholes and ineffective systems”the reestablishment of the ISF, the taxation of “golden heirlooms” and financial transactions or even the reform of the Exit Tax.

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