Savings Booklets Blow up the Bill for the State: 3.7 Billion Euros in 2024
Summary by moneyradar.org
1 Articles
1 Articles
Summary: Tax and social exemptions from regulated savings books cost the state €3.667 billion in 2024, an increase of 3.6 in two years Book A concentrates inequalities: 15% of cap holders capture 47% of total outstanding amounts, while 54% of savers with less than €3,000 represent only 3.1% of outstanding amounts Book A exemptions have more than doubled in one year (€1.03 billion in 2024 compared to €421 million in 2023) SARA reached a record st…
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