There is no richer tax. “We must strengthen our appeal to attract more industries and preserve those that exist. This implies not unilaterally and massive taxes on productive assets, which is the case of Zucman’s tax,” said government spokeswoman Sophie Prima, after the Council of Ministers.
The Senate had rejected in June a bill backed by the left and inspired by the French economist Gabriel Zucman, to ensure that taxpayers whose inheritance exceeds 100 million euros pay well at least 2% of their tax in taxes. The objective is to avoid the effects of avoidance observed in the taxes of certain billionaires, capable of structuring their assets to reduce their taxes.
The differential contribution to the high income held at 2026
On July 7, seven Nobel Prize in Economics asked France to “show the way to the rest of the world” establishing such a minimum tax. The Minister of Public Accounts, Amélie de Montchalin, argued that the Government would maintain in 2026 a differential contribution on high income (CDHR) established this year to guarantee a minimum tax level of 20%.
She indicated that the Government also wanted to display measures to combat the over the non -productive heritage that can be housed in holdings.
The minister later specified, before the Finance Committee of the National Assembly, whether we make the same tool from said CDHR, or we make two tools and we have to do with parliamentarians in the best way to organize this “, the expected performance is of the order of 2 billion euros.
She estimated that said floor tax would lead to the 1,800 ultra -rich taxpayers to enter the exile tax and that the “exit tax” that would later apply to them for five years would end out beyond this period. “If in the end, the consequence is that we are no longer attractive, that there are no more investments, that we have weakened companies and that basically people leave, (…) this is not our goal,” he insisted.
Source: BFM TV
