Superprofits: the biggest beneficiary, “it’s the State”, according to the president of Medef


Europe 1 with AFP
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10:16 a.m., August 29, 2022

“Who is the biggest super profiteer, if I dare, who makes the biggest superprofits: it’s the state,” said Geoffroy Roux de Bézieux. “Tax revenues for the first half of 2022 increased by 27 billion euros,” he argued, explaining that it is “thanks to the superprofits of companies”.

It is the state that has reaped the most superprofits this year, said Monday the president of Medef Geoffroy Roux de Bézieux, who said he was opposed to these profits being taxed as claimed by the left. “Who is the biggest super profiteer, if I dare, who makes the biggest superprofits: it’s the state,” said Geoffroy Roux de Bézieux on France Inter.

“Tax revenues for the first half of 2022 increased by 27 billion euros,” he argued, explaining that it is “thanks to the superprofits of companies”. “So this is good news for these companies, for their employees, but also for the French, for the State”, according to the president of the first French employers’ organization.

“Let’s not raise taxes”

The Prime Minister Elisabeth Borne said on Saturday in an interview with Parisian that she did not close the door to a taxation of superprofits, but that she preferred that each company which can “lower prices for the consumer and give purchasing power to its employees”.

Asked about the fact that Great Britain has implemented an exceptional and temporary tax on the profits of oil tankers, the president of Medef replied that “Great Britain has a tax rate which is 10% lower than ours” . “The strength of French taxation for seven years now has been to be stable and to have a clear signal of attractiveness”, highlighted Geoffroy Roux de Bézieux, who is to give a speech at the start of the day. -noon in front of the REF (medef summer school). “We have an economic situation which is less bad than elsewhere, let’s not increase taxes,” he further pleaded.





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