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24,300 tax households will be “effectively liable” of the “temporary and exceptional contribution” targeting the wealthiest households for three years, according to the preliminary evaluation of the measure posted online on the website of the Ministry of the Budget.
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“Among the 62,500 households falling within the scope of the contribution due to the level of their income, 24,300 households would actually be liable due to a current level of effective taxation below 20%”indicates the document entitled “Preliminary evaluations of the articles of the bill” of finances for 2025, initially noted by “les Echos”.
The Budget Ministry had previously indicated that the measure would affect around 65,000 households in France, out of the 20 million households paying income tax. The measure is supposed to bring in 2 billion euros in 2025 and contribute to the recovery of public finances.
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Only the least taxed will pay
“The base of 65,000 households” used “as a basis for this targeted, temporary and exceptional contribution” is that of the exceptional contribution on high incomes (CEHR), that is to say households with a reference tax income greater than 250,000 euros for a single person and 500,000 euros for a couple, specified the Ministry of Budget Saturday evening.
But to be responsible for this new contribution, “you must be subject to the CEHR and have an income tax rate of less than 20%”says the same source, presenting the measure as a “net avoiding tax optimization”. Only a little more than 24,000 households would therefore be in this scenario, according to Bercy’s figures.
The contribution must apply until 2027. It “only concerns a few tens of thousands of households with the highest incomes and does not affect any non-taxable households”explained the government in the text of the finance bill (PLF) presented Thursday. “This tax justice measure corresponds to a targeted effort on high-income households who, in particular through sustained use of exceptional tax measures, see their effective tax rate decrease”.
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The use of fiscal leverage to clean up France’s very degraded public accounts, in addition to spending reductions, marks a turnaround after seven years of aggressive tax reductions carried out since the election of Emmanuel Macron as President of the Republic. in 2017.
By Le Nouvel Obs with AFP
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