These 40 billion are native taxes that households would not have to pay

by time news

2024-05-27 21:40:06

As a result of elimination of home tax on their main residence, the native tax on people has dropped by 22% on common since 2017.

All in all, French taxpayers got here out the winners. “In 2023, homes and companies pay much less native tax than in 2017 as a result of the following will increase in different native taxes within the interval 2017-2023 are decrease than the discount.», We will learn within the notice written by the overall consultant of the Price range to the Nationwide Meeting, Vice Renaissance Jean-René Cazeneuve.

For households, complete native revenue elevated from 45.5 billion euros to 37.1 billion per yr through the interval due to the entire elimination of property tax on main residences. In response to some consultants, this main tax reform shall be a marketing campaign promise that received Emmanuel Macron his election in 2017. A promise that has been stored since this tax was fully eliminated final yr, which create a discount in cash of greater than 17 billion (in 2017 worth) per yr for state coffers. General, this represents “we had…

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