” I pledge to lower taxes by 15 billion euros over the next five years, half for households, half for businesses “, promised President Emmanuel Macron, candidate for his re-election, during the long-awaited presentation of his program this Thursday, March 17. After the lowering of a slice of income tax (from 14 to 11%) in 2020 and the extinction of the housing tax, it became difficult to find new tax levers to lure taxpayers (and the electors). Among the new promised tax boosts, if he is re-elected, he advocates, which was not necessarily expected, the reduction of inheritance tax… for the whole family.
150,000 euros reduction
” I focused on lowering taxes “, winking at its balance sheet, before rolling out its future reform to promote inheritance. ” Inheritance rights will be changed by moving to 150,000 euros direct online allowance to take into account the evolution of real estate prices “. To date, a parent can transmit to a child up to 100,000 euros of assets (financial or real estate) tax-free. But the price of stone, which has soared in recent years, is now impacting estates. ” I want the French middle classes, who have a modest heritage, to be able to pass on their house, the fruit of their labor […]. Going to 150,000 euros covers in many places these changes in heritage effects for our middle classes “.
The president also wishes to modernize transmission and adapt it to the family issues of the 21st century. He thus wants to introduce a single reduction 100,000 euros for other members of the family (grandchildren, nephews, nieces…), but also “ in blended families (without specifying this last point). Today, allowances vary according to family status: only 1,594 euros, for example, from a grandparent to their grandchild, while the French inherit more and more later.
Retirement at 65
Another, more divisive subject, that of retirement, of which he reaffirmed the desire to carry out a new reform, the first having been stopped dead by the pandemic, after several months of violent clashes with the Yellow Vests in the fall of 2019 . ” You will have to work longer. […] The pension reform that I am proposing is different from that of 2017, because the macroeconomic environment is not the same “.
On the menu: the gradual raising of the starting age to 65, for generations born from 1969, and the end of special diets, even if there will be ” taking into account a certain hardship “. Long careers can retire from age 62. A minimum pension of 1,100 euros per month, for a full pension, will be well established. Small surprise on the other hand, the combined employment-retirement system will be simplified and more advantageous “.
This time, there is no question of going through the ordinances to pass this reform, he said. The text of the law will be submitted like the others to the entire parliamentary shuttle, if possible at the start of the next school year. The presidential candidate seems to have learned some lessons from his first five-year term.