Valls wants to delete the first tax bracket – Le Figaro

Valls wants to delete the first tax bracket – Le Figaro

VIDEOS – Secretary of State for the Budget, Christian Eckert, told MPs on Wednesday that all tax measures provided by the government, including the removal of the first tranche of the scale of Tax on income, is expected to cost more than € 3 billion.

In his policy speech to MPs yesterday, Manuel Valls announced its intention to reduce the tax burden on 6 million households. An ad that is cumulative with other tax relief measures planned before. This will be the final nine million tax households are expected to benefit from the tax package that wants to implement the executive, according to the Secretary of State for the Budget, Christian Eckert.

” We will propose in the draft Finance Bill to reform the tax schedule on income, in particular the conditions of entry into the tax, “said the latter before the National Assembly on Wednesday. Christian Eckert confirms the deletion of the first tranche of the scale, mentioned this morning by Manuel Valls. This portion requires today to 5.5% in the fraction of income between 6011 and EUR 11,991 euros for each tax share. This will be coupled with a “strengthening of the discount” that reduces or eliminates the invoice modest incomes.

“In total, if we add the effect of these two measures, nearly 9 million tax households to be assisted, 3 million will be avoided to enter or come out of the income tax, “said the secretary of state. The latter figure the amount of such measures to “more than 3 billion euros”

The proposals will be included in the proposed 2015 budget due on October 1.

The day before, Manuel Valls had announced a “first step has been taken towards more than four million households, from this coming. And we will continue this trend in 2015. ” This promise follows the decision of the Constitutional Council rejected last August, a measure for the purchasing power of the low paid, part of the social aspect of the pact of responsibility, which includes substantial reductions in contributions and taxes for businesses. The government then immediately promised “alternative measures” after the veto, to “amplify” the “device tax cuts already announced” by the Executive

VIDEO -. Manuel Valls plans deleting the first tranche of the scale of income tax.