Taxes are likely to rise for anyone earning more than this salary

Taxes are likely to rise for anyone earning more than this salary
Taxes are likely to rise for anyone earning more than this salary

In a few weeks, the amount of taxes could increase for some French people.

Most French people say they pay too much, others would like them to pay even more… Taxes are a thorny subject in France. However, they are essential since it is this collection that allows money to enter the state coffers and support the many daily public services (school, hospital, social security, etc.). Although taxes take various forms, the best known remains that of income tax.

After various reforms in recent years, new changes could take place very soon. And that could be bad news for around three million French people. While the campaign for the legislative elections is in full swing, the New Popular Front is proposing a new method of calculating income tax. The objective is to make it “more progressive”. Understand that many French people will pay less than today and others will pay more, according to the promise made by the union of the left. But concretely, who would be affected?

At this stage, NFP leaders have not detailed precisely the new tax brackets they wish to put in place. But the proposal is not new and it is already possible to determine the segment of the population which would be affected by an increase in income tax if the left comes to power. In fact, she had already submitted the idea in 2021 (details here). As at the time, it once again offers 14 brackets (compared to 5 today), ranging from 1% to 90% tax.

An unofficial simulator, taking into account the scale submitted in 2021 and the CSG scale in force in 2022, allows us to see that it would be the people earning, each month, 3,555 euros net before taxes who would have to pay more tax on Income. If Eric Coquerel, the NFP’s Finance Minister, indicated to Release that it was only a simulator set up by “activists”, this is close to the words of Mathilde Panot, another figure of the union of the left, who indicated on BFM TV that this would concern people who receive a salary of 4000 euros and more.

According to INSEE studies on the level of remuneration of the French, around three million people would therefore have to pay more income tax if the left managed to pass its law. Data from the statistics institute shows 1.9 million people in the private sector with this level of income and around 1 million people in the public sector. The first to be impacted by this reform would be the deputies themselves since they receive 5,953.34 euros in compensation every month.

Below these salary levels, the New Popular Front promises that the amount of income tax would decrease. 20 million people could therefore benefit from the reform desired by the left.

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