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“It is the week to act”: Boris Vallaud asks the government to accept a “tax on great wealth”

The socialists continue to demand the establishment of a Zucman tax or a similar device, hoping that their decisive role in censorship will allow them to bend the government.

The confrontation continues. Boris Vallaud, leader of the socialist deputies, put pressure on the government again this Monday, October 27 on RTL, a few hours before the resumption of debates on the “revenue” part of the State budget in the National Assembly.

This week will be the week to “take action”, urges the elected representative of the Landes, asking the executive to accept a “tax on high net worth”.

Without a gesture in this sense, “nothing will be possible, since then we will not have resources to save the French”, adds Boris Vallaud, whose party has been threatening for weeks to censure Prime Minister Sébastien Lecornu to obtain concessions in the budget.

Olivier Faure multiplies the warnings

“Go explain to the French that, since we have not been able to achieve greater tax justice, we will increase medical deductibles, we will freeze personalized housing assistance (APL), we will freeze active solidarity income (RSA), we will freeze the subsidy for disabled adults (AAH),” Boris Vallaud repeats, referring to the current budget.

Before him, the socialist first secretary, Olivier Faure, had already put pressure on the government on Sunday, warning in LCI that at the end of the week “we will know if we are going to a dissolution or not.” In other words, without measures towards the PS, the government will fall through censorship, before Emmanuel Macron possibly decides to dissolve the lower house to try to end the crisis.

Among pink elected officials, one ultimatum demands another. On Friday, Olivier Faure had already warned the Government, warning it on BFMTV that, if “there is no news until Monday, everything will be over.”

The measure demanded by his side to achieve non-censorship has a very specific name: Zucman, in reference to the French economist and his homonymous tax, whose objective is to establish a minimum tax of 2% on assets over 100,000 million euros. This could generate up to €20 billion in revenue, according to its supporters.

So far, Sébastien Lecornu has ruled out the implementation of such a system. The Government “considers that we cannot do anything with the productive system, that we cannot do anything with employment, that we cannot do anything with innovation and with everything that creates wealth for our fellow citizens,” said its spokesperson, Maud Bregeon, on France 3 this Sunday.

Will an agreement be possible?

Given the refusal of the Executive, the socialists are preparing “alternative amendments” to the Zucman tax. This would imply introducing a minimum tax of 3% on very high assets from 10 million euros, excluding innovative and family companies to further reconcile the measure with the position of the Macronists.

Enough to achieve a compromise? The answer will still wait, because the famous tax should not be examined this Monday. The Minister of Public Accounts, Amélie de Montchalin, announced on Saturday night, after the first two days of debate, that certain articles would be examined as a priority, thus postponing the study of the famous provision.

Deputies have until November 4 to decide, in first reading in the National Assembly, on the “revenue” part of the state budget.

Author: baptista farge
Source: BFM TV

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