Bruno Le Maire strives to reassure entrepreneurs with his return speech

The Minister of Economy Bruno Le Maire promised Thursday the maintenance of an economic and fiscal policy favorable to companies despite the spreading over 4 years of a tax initially called to disappear in 2024, during a return speech, Alex , in Haute-Savoie.

I want to reassure all those who have supported us for more than six years, he insisted, speaking during a visit to a factory of furniture manufacturer Fournier. You can count on us, we will not deviate an inch from the only economic policy which has given the best results that France has known for 40 years: the policy of supply.

The questioning of this policy is a fear of employers, in particular because of the spreading over four years of the abolition of a production tax, the Contribution on the added value of companies (CVAE), which Bruno Le Maire has confirm.

This tax, which weighs particularly heavily on industrial companies, has been halved this year and was to be abolished in 2024, but the government has chosen to spread out its abolition, at a cost of one billion euros per year for public finances. .

At the end of 2027, the CVAE will be definitively abolished, however assured the minister in front of an audience made up in part of local industrialists.

Anxious to better protect patents and intellectual property, Bruno Le Maire announced that he wanted to strengthen the control of foreign investments, by extending it to the activities of extraction and transformation of critical raw materials, recalling that China has done the same.

These sectors have become decisive for the sovereignty of the country, he indicated, adding that the control, automatic when a non-European investor buys 10% or more of the capital of a firm, would be extended to the acquisition of stakes in branches. French companies from foreign companies.

For entrepreneurs, the Minister also said he wanted to continue simplifying and to do so, to bring together the foundations of simplification in the next three months.

He also said he wanted to work for the rapid development of employee ownership.

Bruno Le Maire finally insisted on the need to continue the reform of unemployment insurance and to widen the difference between income from work and benefits, with the aim of reducing the unemployment rate from 7% to 5%.

Work will remain the cardinal value of our economic policy, he insisted, castigating all the whims of returning to retirement at age 60 and working less have led to our collective impoverishment.

source site-96