the town hall of Paris wants to tax the very wealthy more

The town hall of Paris, which criticizes the State for a financial withdrawal, recommends in a report published Tuesday a higher taxation of vacant housing and offices, and wealthy tourists, which would require legislative intervention.

While the City of Paris assesses the cost for it of the health crisis at 1.2 billion euros, between the loss of revenue and the additional expenses, the current system of taxation of local authorities is out of breath, and needs to be urgently reformed, underline Nicolas Bonnet-Oulaldj, leader of the elected Parisian communists, and Paul Simondon, PS deputy to the finances of the mayor Anne Hidalgo, in their proposals.

Among these, three are incentives for housing: the launch of an additional tax on vacant offices, the multiplication by at least four of the tax on vacant housing or the lifting of the ceiling on the increase in housing tax on second homes in extended areas.

Others are also aimed at the wealthiest taxpayers and tourists: the lifting of the ceiling on the tourist tax on palaces and luxury hotels, and the introduction of progressiveness for transfer duties for onerous title (DMTO), paid each real estate transaction, by a higher rate for luxury goods.

The left-wing executive led by Ms. Hidalgo, who criticizes the government for a lack of financial support since the health crisis, also advocates a national reflection in order to better tax the profits of multinationals based in Paris and to make a greater contribution to the digital economy and the delivery trade, through the creation of a tax on delivery fleets or delivered products.

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If the loss of fiscal autonomy is the subject of a unanimous report on the part of the elected, whatever their political side in France, and if this report must address everyone, the capital has experienced an impact of the crisis amplified and there is a Parisian specificity on tourist taxes and secondary residences, justifies AFP Mr. Bonnet-Oulaldj.

For Mr. Simondon, these incentive tax tools can be widely shared by elected officials on all sides, including by right-wing mayors in cities where the housing situation is very tight.

For the finance assistant, certain measures presented are applicable from 2023 if a parliamentary majority emerges on the subject. The DMTO, the tourist tax, has cost nothing to the State, nor to the working classes, defends Mr. Bonnet-Oulaldj for whom it is a question of social justice measures.

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