2023-06-20 07:17:00
After blowing up the public deficit for three years, the government is looking for billions. ” L’option “of a new taxation of motorway companies” is under study “Admitted the Minister of Economy and Finance, Bruno Le Maire, this Tuesday morning at the microphone of France 2. “ Sthere is a decision “, it will appear in the finance bill for 2024, he warned.
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Monday, the daily The echoes revealed that the government had obtained the green light from the Council of State to tax motorway companies more. The government could thus recover between 2 and 3 billion euros in revenue by 2030. Since 2018, these companies have made higher net profits due to the drop in the corporate tax rate, lowered by 33 % to 25% during Macron’s first five-year term.
???????? “It can only be done if other concessions like airports are also taxed”
Bruno Le Maire confirms that a project to tax motorway companies is under study. #Les4V @BrunoLeMaire pic.twitter.com/RxIgQSmK57
— Telematin (@telematin) June 20, 2023
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“We will still have to make additional savings”
« It is under study, you have to look at what the Council of State says, taxation is possible. […] Then, this can only be done if all the other concession companies are also taxed: hydroelectric dams are concessions, Paris airport is a concession, so we will study this option “, specified the Minister of Bercy.
« I simply want to know what this tax is used for, what it will be able to finance, and above all what the impact will be for the other concessions. “, he continued.
Beyond this potential small freeway kitty“it will be necessary to make additional savings, the best way to reduce the country’s debt is to save money”hammered Bruno Le Maire.
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Growth forecast maintained for 2023
On Monday, the government indicated during the Public Finance Conference that it had identified ” at least 10 billion euros in savings “which constitute only a ” stage “. They will contribute to rebalancing very degraded public finances, potentially by reducing health expenditure or tax advantages for fuels.
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« I maintain the growth forecast by 1% for 2023, and I am lucid about the economic environment. There will be a public finance programming law that we will present at the end of September, we will see at that time what our growth forecasts will be “, he added. As a reminder, the public debt reached 2,950 billion euros at the end of 2022, or 111.6% of GDP against 98.1% before the pandemic.
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The Minister was also questioned about a report by the Pensions Orientation Council (COR). According to this document, the pension reform adopted with forceps will not bring financial equilibrium back as promised in 2030. “
I take this very cautiously, these ratings change every six months. I retain only one lesson: this pension reform was essential commented Bruno Le Maire.
« I heard the chairman of the Pensions Guidance Council say at length when presenting the reform to parliamentarians that there was no funding problem. The same president comes back several months later and tells us, “there is a huge problem of funding pensions” “, he added.
« There is a very simple reason why there is a skid in the financial balances: retirement pensions are revalued in line with inflation and increased more quickly than wages. As a result, we have a pension plan deficit that is probably higher than expected. “, according to the minister.
(With AFP)
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