Yes, the economic recovery will take place, but no, it will not draw on the portfolio of the French. This is what Emmanuel Macron promised in his television interview on Tuesday, on the occasion of the July 14 festivities and as part of the recovery after the health and economic crisis.
To do this, the president said that a massive stimulus plan of investments of at least “100 billion euros” in industry, ecology, the local, culture or even education would be put back on the table. A sum which is added to the 460 billion already committed in sectoral measures and support to the economy since the beginning of the epidemic, announced Emmanuel Macron.
A plan that will not be funded by higher taxes, says the president. "There is a fiscal trajectory that has been decided, voted by the national representation, it is the one that will be held," he said, adding that "we cannot solve a crisis like this by increasing Taxes ".
A deadline for the abolition of the housing tax
Asked about a reinstatement of wealth tax (ISF), he replied that his reinstatement would be "absurd", and "would settle nothing". There will also be no new tax bracket. On the other hand, it can be envisaged to "shift a little" the abolition of the housing tax "for the wealthy," he added. This abolition was planned for 2022 and was to affect the 20% of the population with the highest incomes.
"The spirit of justice, without sending a disastrous signal, could be to say those who pay the housing tax for which it had not yet dropped, we could take a few years," defended Emmanuel Macron, speaking of " common sense ".
The president also called for "dividend moderation" in companies that asked their employees to cut wages during the crisis. "If we tell the employees to make an effort, the shareholder must make an effort too", judges the president.
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