Court of Auditors Suggests "Moderate but Progressive" Taxation of Large Assets
9 Articles
9 Articles
While the left calls for the introduction of a Zucman tax, the Court does not go so far, but advocates in particular "moderate but progressive taxation of personal wealth, excluding professional assets".
In a note issued on Monday, 21 September, the body headed by former macro-minister Amélie de Montchalin, responsible for ensuring the proper conduct of public accounts, referred to two avenues of reflection with a view to reducing the government deficit to 3% of GDP by 2029.
The Court of Auditors proposes a reform of the taxation of assets combining relief of certain levies and greater taxation of the highest assets, a very political subject
In a new note, the institution advocates, for reasons of fairness, the creation of a tax on personal wealth and again calls for a reduction in the tax advantages of the Dutreil pact. Two avenues ruled out at this stage by the Prime Minister, Sébastien Lecornu, before the examination of the budget in Parliament.
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The Court of Auditors proposes a "moderate but progressive" taxation of the largest assets, in order to reform a system deemed complex and degressive.
The Court of Auditors wants to rebalance the taxation of wealth. A few light levies, others reinforced for the highest fortunes, and... Read more What if the tax on wealth only affected the very big fortunes appeared first on Le Singulier.
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- 50% of the sources lean Left, 50% of the sources are Center
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