The Meeting of Entrepreneurs of France (REF) of the Medef opens this Monday with a long-awaited speech by Prime Minister Elisabeth Borne who should call on companies to be energy sober. But it is on the super-profit aspect of companies that the president of the employers’ organization bounced back, this Monday morning on France Inter.
Prime Minister Élisabeth Borne indeed indicated on Saturday in an interview with Le Parisien that she did not close the door to a taxation of super-profits, but that she preferred that each company which can “lower prices for the consumer and gives purchasing power to its employees.
“It is the state that has reaped the most super-profits this year,” said Geoffroy Roux de Bézieux, who said he was opposed to these profits being taxed as demanded by the left. “Who is the biggest super profiteer, if I dare, who makes the biggest super-profits: it’s the state,” said Mr. Roux de Bézieux on France Inter.
“Tax revenues for the first half of 2022 increased by 27 billion euros”, he argued, explaining that it is “thanks to the super-profits of companies”. “So this is good news for these companies, for their employees, but also for the French, for the State”, according to the president of the first French employers’ organization.
Asked about the fact that Great Britain has implemented an exceptional and temporary tax on oil tanker profits, the president of Medef replied that “Great Britain has a tax rate which is 10% lower than ours” .
“The strength of French taxation for seven years now has been to be stable and to have a clear signal of attractiveness”, highlighted Geoffroy Roux de Bézieux, who is due to give a speech at the start of the post- noon in front of the REF (medef summer school). “We have an economic situation which is less bad than elsewhere, let’s not increase taxes”, he further pleaded.