Economy Minister Bruno Le Maire said on Monday that he wanted to “remove, from the 2024 finance bill, a certain number of tax advantages on fossil fuels”, during a round table devoted to green industry. organized by the Renaissance party.
On public money, I think it is essential to have consistency (…) This means that we cannot invest in green and continue to favor brown. a means doing what is most difficult in politics, making choices. And when we make choices, we don’t satisfy everyone, said the Mayor
Yes, I consider that it will be necessary to withdraw, from the 2024 finance bill, a certain number of tax advantages on fossil fuels, indicated the boss of Bercy.
For all those concerned, perhaps road hauliers, building companies, public works, this means that construction sites are no longer profitable, that companies can lose money. So we have to look at how to accompany them, he developed.
And this is where the notion of trajectory, duration and accompaniment is absolutely key. Brutality doesn’t work. You can’t say overnight: I’m removing such help. Multiannuality is needed. Support, for example how we are going to help you, carriers, invest in less polluting vehicles, electric motors, he added.
Mr. Le Maire also reaffirmed the opposition of the executive to a green ISF, suggested in a recent report by economists Jean Pisani-Ferry and Selma Mahfouz.
When we say 10% of the richest French people, it’s still 10% of French people, it’s several million people. So we have to be very careful not to create a tax allergy to the decarbonisation of our economy, he said.
No contempt on our part, we are looking at all the options, including the green ISF, we have looked at it very carefully, but we consider, with the President of the Republic and the Prime Minister, that this option of increasing taxation is not the best in a country which has the highest level of taxation of all OECD countries, insisted Mr. Le Maire.
He also came out in favor of an enforceable nature of state aid for investments in favor of decarbonisation: and God knows that I am not a fan of the conditionality of this public aid.