The Republicans propose 25 billion euros in savings and 10 billion in tax cuts

Our country is the dunce of the EU: the Republicans (LR) presented their counter-budget for 2024 on Tuesday in order to straighten out public finances with 25 billion euros in savings, notably on unemployment and more than 10 billion in reductions in taxes for households and businesses.

We want to be the party of lower taxes and higher wages, said LR boss Eric Ciotti during the presentation to the press of the counter-budget drawn up by the party and published at the start of the Assembly. national examination of the finance bill for 2024.

According to the right, its measures would allow the State to reduce the public deficit to 4% of GDP next year, against 4.4% planned by the government, in order to accelerate France’s return below the 3% mark.

Describing the country as a dunce, the president of the LR group in the National Assembly, Olivier Marleix, assured that if public finances were not rectified, France would be the last to return to 3% of GDP in 2027.

The objective of this counter-budget is to bring about a reduction in compulsory deductions (…) in the service of the competitiveness and purchasing power of the French, explained Mr. Ciotti, who pleads for a reduction for companies in ‘one billion euros from the CVAE, a production tax that the government has started to reduce.

For households, LR proposes in particular to lower the price of fuel by 10% by reducing taxes, as well as a reduction in inheritance tax.

To deal with the worrying decline in the birth rate, Annie Genevard, the general secretary of the Republicans, plans to increase the family quotient to 2,750 euros per half share compared to 1,759 euros in the draft budget, a measure from which 3 million tax households should benefit.

She also proposed restoring the universality of family allowances from the first child.

To reduce spending, MP Vronique Louwagie assured that structural reforms were essential, in particular to reduce the amount of unemployment compensation by 6 billion euros.

LR also advocates the creation of a unified system of solidarity benefits by grouping together a certain number of allowances for savings of 2 billion.

On immigration, the party proposes to reduce by 700 million euros the cost of state medical aid (AME) for undocumented immigrants, in order to reduce the attractiveness for irregular immigration of a model that currently exists. “today without control,” explained Mr. Ciotti.

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