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Faced with the crisis, Hidalgo finally increases the property tax in Paris

2022-11-07T12:49:17.764Z


Faced with a deteriorating budgetary situation, the mayor of the capital had to go back on her campaign promise not to raise taxes.


Faced with a delicate budgetary situation, the mayor of Paris, Anne Hidalgo, has decided to increase the property tax by 7 points, giving up on her campaign promise not to increase taxes, she announced in a letter on Monday. November 7.

The property tax rate will increase from 13.5% to 20.5% in 2023, except for owners who undertake the thermal renovation of their apartment and those "

encountering economic difficulties

" and holders of solidarity allowances (Aspa, ASI, AAH), specifies the elected socialist in a letter to her constituents.

These two categories will benefit from total exemption.

For the others, an owner of a 50m² will see his property tax go from 438 to 665 euros on average, and that of a 75m² from 576 to 874 euros, according to the figures communicated by the City.

The property tax “

is today in Paris the lowest in France at 13.5% against 41.61% on average in the large French cities, and it has not increased since 2011

”, argues Anne Hidalgo.

32% owners

The capital, which has 2.1 million inhabitants, has only 32% of owners, a percentage there also lower than that of other cities, underlined the first deputy Emmanuel Grégoire during a press briefing, acknowledging "

an effort very important

" for the taxpayers concerned.

We said, during the campaign (municipal elections in 2020), that we would not increase taxes

”, admitted the elected socialist, “

but a lot has happened since: the Covid crisis, the Ukrainian crisis, the energy crisis (...), systemic crises that are long-term

”.

Read alsoWhy the government decided to let the property tax soar in 2023

This decision "

will make it possible to maintain the high quality of our public services, to continue to invest in housing, in the ecological transition, in the maintenance and modernization of our heritage and our equipment, in the beautification of our streets and of our gardens

", affirms Anne Hidalgo who foresees 1.7 billion investment for 2023. This increase should bring to the City an additional revenue of 586 million in 2023, anticipates the finance assistant Paul Simondon.

According to this other elected socialist, the City will only borrow in 2023 514 million against 860 this year, and its outstanding debt should be around 8 billion euros.

Source: lefigaro

All news articles on 2022-11-07

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