2024-09-27 21:52:30
Will you pay more tax under Michel Barnier’s government? At the end of a first government meeting this Friday, the Prime Minister promised interview with Journal de Saône-et-Loire to protect “from any tax increase” those “who work, who produce”, while the increase in taxes is planned to deal with an unexpected deficit.
Michel Barnier explained: “Regarding the question of taxes, I said that I will defend against any tax increase of those who are on the ground, who work, who produce,” explained Michel Barnier. We will appeal , on a unique and temporary basis, to those who can contribute to this effort ».
Michel Barnier will announce his general policy announcement to the National Assembly on Tuesday and must present the 2025 budget next week “The French position is very important on the budget and financial level. My responsibility as Prime Minister, and of the government, is to confront and take measures, not to this or that department, but by making sure that we are fair,” he emphasized in this interview.
A deficit of more than 6%?
The Prime Minister must solve the squaring of the budgetary circle, with a deficit which may exceed 6% of GDP in 2024. Since this announcement on Wednesday, “in 5 years, we are borrowing more expensive than Greece”, lamented a participant in the congress governments, this Friday, before which the governor of the Bank of France, François Villeroy de Galhau, was called as an expert. “To reach the 3% deficit in 2028 and beyond, the step in 2025 will be very high,” the same source stressed.
“I said when I arrived at the steps of Matignon that everyone will have to roll up their arms, because the situation of this debt of 3,100 billion, the deficit today of more than 6%, is a situation that affects everyone, every family .So the effort must be fair, balanced and integrated,” added Michel Barnier in this interview.
The Prime Minister is due to make his first official trip this Saturday since the appointment of his government. He is expected in Mâcon (Saône-et-Loire), together with Interior Minister Bruno Retailleau, for the national assembly of French firefighters.
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