The French government plans to increase tax control on large fortunes by 25% and audit the 100 companies with the highest market value every two years, along with tougher sanctions for the most serious irregularities.
As expected by the Secretary of State for the Budget, Gabriel Attal, in an interview published in the newspaper this Monday Le mondethe French government wants these measures to be put into practice before the end of French President Emmanuel Macron’s second term, so that “the ultra-rich” and “the fraudulent multinationals” pay what they owe.
“Fraud is a slow poison to our social pact. All fraud is serious, but that of the most powerful is unforgivable. My philosophy is to focus efforts on it and relieve the pressure on the middle class. I’m not saying they cheat more, but when that happens, the values are significant”observed the ruler.
The secretary of state also told Le Monde that France taxes large fortunes much more than its neighbors in the European Union, as 10% of taxpayers pay 70% of income taxes, but he assured that the executive still understands “the demand for justice”.
“I want to strengthen the sanctions for the most serious frauds, for example when there is concealment of assets abroad”further detailed Attal.
With this policy, the French government wants to respond to the feeling of social dissatisfaction caused by the increase in the retirement age.
The government carried it out on the grounds that raising the minimum retirement age was the only way to save the financial equilibrium of the system in the medium term.
For their part, left-wing opposition groups have proposed paying for the imbalances with taxes from the wealthiest, an idea that has impacted some of the hundreds of thousands of people who have demonstrated in France since the government’s proposal was launched in January.
Source: DN
