Tax living : what to expect in the 20 % of the French the most affluent - The Point

Emmanuel Macron has announced the postponement of the removal of the housing tax for the 20 % French the most affluent, Tuesday, July 14, during his interview b

Tax living : what to expect in the 20 % of the French the most affluent - The Point

Emmanuel Macron has announced the postponement of the removal of the housing tax for the 20 % French the most affluent, Tuesday, July 14, during his interview by Gilles Bouleau and Léa Salamé. The decision was referred to the government, but the head of the State has given the green light to send a signal of social justice and to limit the declines in revenue at the time to finance its recovery plan " of at least 100 billion euros." "A possible option would be to move a little, for the more fortunate of us, the removal of the housing tax, which may be something legitimate in times of crisis," he said.

For the 20% of wealthiest households, the reduction of the housing tax on primary residence should reach 30 % in 2021, and 65 % in 2022. By 2023, no more home had to pay, which represents approximately $ 7 billion of tax cuts. But the government is constrained by the constitutional Council. By the end of 2017, the sages had cautioned the government against the maintenance of a tax for only 20 % of households for reasons of equality before the tax.

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The solution may therefore be to refer to the total suppression of one year. A report that would save a little more than € 2 billion in 2021. For the 80 % of the French remaining, the removal of the housing tax promised during the campaign is effective from this year. Those who are wage do already pay more.

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Updated Date: 15 July 2020, 05:33

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