ISF: what Emmanuel Macron has really told the magazine “Risks” – The Obs

After 35 hours and the Staff … ISF? The Economy Minister Emmanuel Macron has been the target of a crop, Wednesday, April 20, by the Prime Minister.

It would have suggested the removal of the solidarity tax on wealth, s’ it is to believe a title of “Figaro”.

Manuel Valls responded tit for tat on France Info Wednesday, April 20: it “would be a mistake.” And he added, while being interrogated about his Economy Minister:

“I ask every minister, since he is still a year to be fully harnessed to its function at its mission. There is still much to do for the French economy, to make it more competitive, to support our businesses in France and abroad. “

Ambiance … a new illustration differences in government? A new showdown over tax at how much controversy? Not if you believe the office of the Minister of Economy, joined by the “Obs”

“There are no ads or trial balloon.”

But then, how to explain this exchange through the media?

what it really says about Macron ISF

In fact, “Le Figaro” quotes a specialist journal, “Risks” insurance world reference in which the economy minister gave an interview in its April issue, in which he develops at length his vision of the economy. And here’s what he answered a question about taxes:

“I think the current taxation of capital is not optimal: if we have a preference for risk facing the annuity, that which is my case, is to be preferred eg taxation on succession to ISF type of taxes. “

it is clear that at no time did Emmanuel Macron suggests deleting the ISF as written “Le Figaro”

Minister announces first fiscal principle. tax succession encourages older pensioners to invest their assets and therefore take risks, and also by reducing inheritance it participates in the fact that subsequent generations are on the same square one, and one that will eventually become rich will be the one taking a risk, for example by creating a business.

It reports, it is true, a preference for risk. But be for inheritance tax does not mean to be the abolition of wealth tax. It is perfectly possible to develop taxation on inheritances without reducing the wealth, even if it is not what offers Emmanuel Macron.

Finally, you can specify that taxes do not meet not necessarily to the same functions: taxation on succession addresses the issue of risk, according Macron, while the ISF meets a need for solidarity, as the name suggests

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