The economist Gabriel Zucman defended on Saturday on France Inter the original version of the tax on great wealth that bears his name and which appears on the agenda of Saturday’s parliamentary debates on the budget.
The socialist group in the National Assembly proposes, in an amendment, to establish a minimum tax of 3% on high assets, from “10 million euros”, compared to the 2% on assets from 100 million of the Zucman tax, AFP journalists learned on Friday from several parliamentary sources.
This new version certainly includes professional assets, but socialists believe they respond to certain objections from the government sector by excluding family businesses and so-called “innovative” companies from the tax base.
Although he was in favor of the debate on the conditions of the tax, in particular on the asset threshold necessary to qualify for it, Gabriel Zucman was more reserved about the application of special cases to be partially exempt.
“If we look at effective rates below 2%, for example because we create exemptions for professional goods or other things, that would be equivalent to admitting that billionaires have the right to pay less taxes than other social categories,” warned Gabriel Zucman.
For him, creating a tax “concentrated in niches”, which offers a possibility of escape (…) is to condemn oneself to defeat.
Source: BFM TV
