The Minister of the Economy Bruno Le Maire indicated on Monday that he wanted for the next five-year term to continue lowering production taxes as well as charges on wages above 2.5 Smic in order to reindustrialize France.
We must first continue to improve competitiveness, we must continue to lower production taxes, we must question the C3S and we must wonder about the reduction in charges above 2.5 minimum wage, declared the minister during a Bercy press conference.
Two production taxes have been reduced by 10 billion euros per year since 2020, the CVAE (contribution on the added value of companies) and the CFE (land contribution of companies).
The C3S (social contribution of solidarity of societies) concerns companies and affects turnover in excess of 19 million euros. It is used to finance old-age insurance.
Secondly, we must continue to fight on cost-free competitiveness and the improvement of the French offer, added Bruno Le Maire, who has castigated an industrial desertion for 30 years for which he made responsible successive governments but also French captains of industry who have relocated massively abroad, believing that it was better to sail outside territorial waters.
The weakness of our foreign trade is a reflection of the weakness of our domestic economy, he added, adding that there is no large nation with an external balance that remains permanently in deficit.
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French customs announced Friday a record trade deficit for November of 9 billion euros.
According to the minister, the only solution is the industrial reconquest of a country which has fallen from 22% of its GNP to just under 10% and which should return to around 20%.
This will be long, difficult, will require courageous decisions but it is the condition of national prosperity, assn Bruno Le Maire who makes industrial reconquest his priority for the next five-year term alongside the restoration of public finances.