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Taxing high incomes more would hurt the economy

2021-04-08T20:25:42.786Z


DECRYPTION - The idea of ​​taxing the wealthiest resurfaces regularly in the public debate. But a new tax would be much more harmful to the French economy than beneficial.


The government repeats it over and over again.

The tax pressure will not be increased to repay the French debt which, with the coronavirus crisis, explodes to nearly 120% of GDP.

The message, however, hardly permeates the minds, individuals and companies, who remain on their guard and rightly.

The idea of ​​taxing the wealthiest resurfaces regularly in the public debate and will undoubtedly be one of the key themes of the presidential campaign.

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As recently as Wednesday, it was the IMF's turn to recommend, once again, the introduction of a temporary tax on the highest incomes (households and businesses) to deal with growing inequalities.

Recently, Louis Gallois, former manager of SNCF and EADS, also pleaded in this direction in solidarity with the most disadvantaged.

And, without great surprise, from the start of the pandemic, several personalities on the left of the political spectrum hastened to call for the reinstatement of the wealth tax (ISF).

Read also:

Can taxation of the richest promote recovery?

However,

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Source: lefigaro

All news articles on 2021-04-08

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