Court of Auditors Suggests "Moderate but Progressive" Taxation of Large Assets
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6 Articles
The Court of Auditors proposes a reform of the taxation of assets combining relief of certain levies and greater taxation of the highest assets, a very political subject
In a new note, the institution advocates, for reasons of fairness, the creation of a tax on personal wealth and again calls for a reduction in the tax advantages of the Dutreil pact. Two avenues ruled out at this stage by the Prime Minister, Sébastien Lecornu, before the examination of the budget in Parliament.
"Today, 50% of the wealth belongs to 10% of households", stressed the president of the first chamber of the Court Carine Camby by presenting the main lines of this note to the press. The total wealth of households currently accounts for almost 17,000 billion euros, for a median wealth of 250,000 euros. It has "strongly increased" over the last 50 years, faster than income, and "mainly under the influence of inheritance", the magistrate noted. Ac…
The Court of Auditors wants to rebalance the taxation of wealth. A few light levies, others reinforced for the highest fortunes, and... Read more What if the tax on wealth only affected the very big fortunes appeared first on Le Singulier.
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