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"ISF, the imbecile tax"

2023-05-25T17:50:17.670Z

Highlights: Emmanuel Macron and Elisabeth Borne have seen fit to publicly bury the project of a tax on financial wealth. The Minister of Ecology, Christophe Béchu, even considers that the subject is not taboo. The billions earned by a new levy would not compensate for those lost with the exodus of taxpayers and the fall in taxes. The silence of the Élysée is disturbing. Not without some good reasons: the ISF encourages tax exile, discourages productive investment, and breaks the attractiveness and image of the France.


In the land of fiscal frustration and record compulsory levies, there is only one way forward: lower taxes at all costs.


Help, the ISF is back! Nothing is yet certain, but neither Emmanuel Macron nor Elisabeth Borne have seen fit to publicly bury the project of a tax on financial wealth to finance the ecological transition proposed by an economist close to the government. The Minister of Ecology, Christophe Béchu, even considers that the subject is not taboo. Only Bruno Le Maire brushed it aside, recalling that "75% of income tax is paid by 10% of taxpayers".

The silence of the Élysée is disturbing. Especially since in 2017 the head of state dared to prune three-quarters of this imbecile tax, as François Fillon had described it. Not without some good reasons: the ISF encourages tax exile, discourages productive investment, and breaks the attractiveness and image of the France. Even under a green varnish, the ailments would remain unchanged. The billions earned by a new levy would not compensate for those lost with the exodus of taxpayers and the fall in taxes.

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Source: lefigaro

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