CALCULATOR. Taxes: Are you one of the wealthy taxpayers?

Faced with a budgetary situation that he considers “very serious”, will Michel Barnier activate the fiscal lever? According to sources who corroborate this on BFMTV, confirming the information from ParisianThe new Prime Minister is expected to consider raising taxes targeting “rich taxpayers and profitable companies”. A recent interlocutor of Matignon’s tenant in the presidential camp also confirmed to AFP that he had heard Michel Barnier mention tax increases “for high incomes”.

While the Prime Minister’s entourage has insisted that nothing has been decided “for the moment”, François Villeroy de Galhau, governor of the Bank, estimated on RMC and BFMTV on Wednesday that tax increases should not be a taboo: “We primarily need savings in expenditure (but) if we have to make a fiscal effort, it would be very desirable that it does not affect the middle classes and SMEs. On the other hand, we must not exclude an exceptional and reasonable effort on the part of certain large companies or certain large taxpayers.

But who are these large taxpayers who could be affected by a tax increase? According to the latest note from the Directorate General of Public Finance (DGFIP) regarding the 2022 Income Tax campaign, half of households have a reference tax income per tax rate of less than 15,313 euros. It is even equal to zero for 7% of tax-paying households, and less than 24,831 euros per year for 80% of tax-paying households.

You can see how you compare to other taxpayers by using the calculator below:

76% of income tax is paid by 10% of taxpayers.

The “large taxpayers” are found among the richest 10% (average tax revenue of 59,731 euros), or even among the richest 1%, who declare a reference tax revenue per tax rate of more than 82,800 euros. The income of the richest 0.1% amounts to more than 271,200 euros.

According to the DGFIP, the richest 10% of tax-paying households will have to pay an average of €15,310 in 2022, or 15% of their reference tax income, after tax reductions and tax credits. This 10% contributes 76% of total income tax in France.

Among the richest 1% of households, the average tax is €68,247, or 20.4% of their reference taxable income, after an average amount of reductions and tax credits of €2,205.