the French government will tax “no more” than energy companies

The French Minister of the Economy Bruno Le Maire indicated on Friday that the government would tax energy companies as planned but would do “no more than that”, while the question of the taxation of “superprofits” raises questions within the majority, facing to the fragile state of public finances.

Earlier in the morning, the President of the National Assembly, Yaël Braun-Pivet (Renaissance), called for “starting reflection” on an “exceptional” contribution from large companies in the event of “superprofits” or “superdividends », while the public deficit is slipping.

Then questioned on BFMTV, Bruno Le Maire opposed this option. The minister indicates that “there will be in this budget a recovery of the rents which may have been made by energy companies because prices have soared, (…) no more than that”.

“It is not a question of deviating from our line of economic policy which has given results, which are very good results,” he added. He also said he was opposed to increasing taxes for citizens, seeing it as an “easy solution” which would not be “the right one”.

The government is under fire for its management of public finances. The public deficit for the year 2023, initially forecast at 4.9% of GDP, could in reality rise to 5.6%, according to recent forecasts from Bercy updated Thursday by senator LR Jean-François Husson, general rapporteur of the Finance Committee.

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