MICHAL CIZEK via Getty Images
Amélie de Montchalin (here November 28, 2019), new Minister of Public Accounts, promises that taxes will not increase for middle-class households.
POLICY – Reassure before the fire fight. While the government is in the process of developing a budget for 2025, the Minister of Public Accounts Amélie de Montchalin assured in an interview published in The Parisian this Sunday, January 5 that there will be no tax increase for middle-class households.
A special law was hastily passed at the end of December to avoid budgetary paralysis. But for the minister, this text “is not sustainable” because he “does not allow us to carry out new recruitments in the justice system or to invest in our defense and our armies”, “to open new places in nursing homes or to extend the zero-interest loan system for all low-income households “.
A new draft budget is therefore under discussion with one objective: that the public deficit at the end of 2025 “does not significantly exceed 5%”, against 6.1% expected in 2024. And to add: “We need to find a compromise and everyone needs to take a step. Let us be clear: this budget will neither be that of the right, nor that of the left, nor that of the center. It will not be the ideal budget of a party, it will be that of the country. »
Fight against fraud, tax on plane tickets
What will this project contain? Amélie de Montchalin gives some ideas, promising that there will be no “no new or increased taxes that would penalize the purchasing power of the middle class”. To save money, an increase in VAT is not “not an option considered”.
Conversely, the minister indicates that she wants “existing taxes be paid by all” especially by fighting “actively against tax over-optimization and fraud systems”. But also by involving large companies, as was planned in the draft budget which led to the departure of Michel Barnier.
“For example, we would like to keep the additional contribution on large companies as well as the tax on share buybacks defended on several benches in the Hemicycle. This should make it possible to make up for the drop in corporate tax yield over the last two years.she explains. The tax on plane tickets will also be maintained.
“Compared to the text from the Senate, we are still missing more than ten billion euros in savings”she believes, inviting us to make the expenditure public “more efficient”. “Everyone can and should save more”according to her.
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