Stray Thoughts: When Retirements Play Hide-and-Seek with Tax Money
7 Articles
7 Articles
When retirements play hide-and-seek with tax money
Succession planning and public celebration typically accompany executive retirements. They provide for an orderly leadership transition and public acknowledgment of a job well done. So, two simple questions arise whenever top government employees leave their jobs in hastily announced retirements — and receive more than the customary coffee-and-cookies going-away reception in return for signing [...]
The Executive is studying the abolition or reform of the 10% tax reduction on retirement pensions as part of the preparation of the 2027 budget.
The government is still looking for savings to prepare the 2027 budget. In its viewer, pensioners and their 10% tax reduction, which costs the state nearly 4.7 billion euros a year. But are pensioners really more favoured than assets?
A 10% tax reduction is mentioned. Nicolas Doze, editor of LCI's economics, analyses this option on Monday 14 September. - "It has a lot of advantages": the removal of the tax allowance for pensioners, a good idea? Nicolas Doze's analysis (Economy).
Minister of Public Accounts David Amiel confirmed on Friday his desire to remove the 10% tax reduction for pensioners. While the government is seeking to save money under Budget 2027, this fiscal niche established in 1978 is a priority target. Savings at all costs, and unsaved pensioners. This is the observation that can be drawn from the last speech of the Minister of Public Accounts David Amiel, Friday 11 September on Sud Radio.
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