tax increases will be “targeted, temporary and exceptional”, says Astrid Panosyan-Bouvet, Minister of Labor

The executive has drastically curbed spending while resuming tax increases in its proposed budget for 2025, which aims to consolidate public finances, in a very unstable political climate. “We really have to show that we are sticking to targeted, temporary and exceptional tax increases. Otherwise France will return to this tax disease,” explains Astrid Panosyan-Bouvet, Minister of Labor and Employment.

“We have a country which has the highest compulsory levy rates in Europe with public services which are not necessarily there. We increase taxes on the condition that it concerns those who can afford it and on a temporary basis.adds the minister.

Watch the full interview in the video above