Budget 2023: “We have avoided all those who are subject to income tax from paying more”

The government had promised it. No question that the French pay more income tax (IR) despite inflation. As expected, the revaluation of the scale of the five brackets of the IR at the level of inflation excluding tobacco (to 5.4%) was included in the finance bill presented on Monday. “We have avoided all those who are subject to IR from paying more taxes,” said Economy Minister Bruno Le Maire at a press conference. Disposable income after tax will remain the same for all households even if wages increase. We therefore remain faithful to our policy of work that pays. This costly measure will strain public finances by 6.2 billion euros in 2023.