The Minister of Economy of France, he said on Sunday, Hey wants to make a temporary tax on the rich in a permanent tax to make government financing “more equitable.”
Éric Lombard said the measure would be part of the efforts to find 40 billion euros next year, mainly savings, to bring the public deficit to 4.6 percent of GDP in 2026.
Lombard said that tens of thousands of great French winners would have to pay more every year while the country fights a mountain of debt that has worried the markets and grades agencies.
People who earn more than € 250,000 a year and couples with a joint income of more than € 500,000 will pay this year a minimum tax to 20 percent of the rent.
The government said last year that the special “contribution” would be temporary.
But Lombard told BFMTV of France: “I hope the contribution is loaded,” he added that he had brought € 2 billion by 2024.
His ministry had begun to work to “verify that the mechanisms that allow the reduction” or taxes for the richest “work in a more equitable way,” he added.
A special tax on the main companies that brought € 8 billion would not be repeated, Lombard said.
“On the other hand, the two billion of the contribution of high -trip dining rooms … We want to work on this, whether maintaining or improving it,” he said.
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It was “a matter of financial resources, two billion are a lot, and a matter of equity. We are making great effort to all,” said the minister, who insisted that it would only be a tax on income.
Lombard’s office told AFP that the objective of the new measure would be “to combat taxes.”
France is “on a budget alert,” Lombard told BFMTV, blaming the “cumulative deficits” of the country.
The cut of 40 billion euros in spending would focus “mainly” on “savings,” he added, but “it could also be an increase in revenues linked to growth.”
France’s debt increased by € 202.7 billion to 3.3 billion euros last year, which represents 113 percent of GDP, the agreement to the official statistics agency and Lombard has recognized that this was a threat to France’s financial stability.
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