Deputies approved on Saturday a gradual reestablishment of the CVAE, a new setback for the government, which for its part simply wanted to postpone the extinction of this production tax, promised by Emmanuel Macron in 2022. One of the articles of the bill Finance for 2025 plans to postpone for three years the elimination of the contribution to business added value (CVAE), a measure that is expected to contribute 1.1 billion euros of income to the State.
But an amendment by the president of the Finance Committee, Éric Coquerel (LFI), supported by the entire New Popular Front, went beyond this simple postponement, by providing for a gradual reestablishment of the CVAE, initially for companies with a higher turnover to one billion euros. For the Seine-Saint-Denis deputy, the progressive abolition of the CVAE is a “fiscal gift that weighs on the state budget” without “any economic justification” and that “mainly benefits large companies.”
The RN denounces “sabotage of the budget by the Macronists and the right”
The Minister of Budget, Laurent Saint-Martin, considered that we should not “break the ambition of definitively abolishing the CVAE” and “send this signal of retreat”, even if the need to settle public accounts justifies “a new, more patient trajectory” . ”. The amendment that rewrote the article was narrowly approved by 118 votes to 115, the voices of the National Rally mixing with those of the few government groups, in an attempt to counter the left.
In the chamber, the RN has frequently been the target of criticism from both the left and the government, due to a line considered unclear on corporate taxation. The president of the environmental group, Cyrielle Chatelain, accused the RN of being a “crutch” of the Government by guaranteeing “weekend guards”, while the deputy of the Ensemble pour la République (EPR, ex-Renaissance) Charles Sitzenstuhl invited the group chaired by Marine Le Pen to hold a “group meeting” to resolve their alleged internal contradictions, between support for businesses and tax increases.
MPs had previously rejected amendments to delete the article, including one tabled by Jean-Philippe Tanguy, which demands that the Government respect the promise made to companies. Members of the LR and EPR groups also called for this dismissal.
Source: BFM TV
