Tax reduction: this is not a gift

by time news

2023-05-16 18:08:14

Reflexes are acquired quickly. Since Emmanuel Macron promised a tax cut for the middle classes, ministers have systematically approached the subject in the same way. “A provision had been made in the budget trajectory” for inheritance rights, said Olivier Véran straight away this Wednesday after the Council of Ministers. It is therefore not a new expense, it should be understood, while Pierre Moscovici (Court of Auditors) and François Villeroy de Galhau (Banque de France) were worried about it.

A second reflex phrase quickly invites itself. Lowering taxes does not prevent an increase in tax receipts, the proof by corporate tax, explains in particular Gabriel Attal. Decidedly, it is necessary to reassure. The right immediately returned to watch spending. “How do we finance? reacted Brice Hortefeux. The trade union left asks the same question in its own way: “How are we going to finance education, the public hospital, the ecological transition? asks Laurent Berger (CFDT) on France 2.

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