THE CHEKING PROCESS – The candidate of France Insoumise aims for income from 400,000 euros per year. But is it really doable?
THE QUESTION. On the tax side, Jean-Luc Mélenchon remains on his radical line. As in 2017, the candidate of La France insoumise (LFI) intends to propose a “tax revolution“, passing in particular by a strong increase in the taxation of the highest incomes. Concretely, the ex-socialist wants to tax the highest income bracket at 90%, i.e. from 400,000 euros per year, as revealed this Friday morning by the newspaper The echoes, who had access to the tax project of the candidate. “Thus, a single person with a declared income of 35,000 euros per month will pay around 21,000 euros, which will allow him to have 14,000 euros monthly after taxes.“, can we read in this project, transmitted to the Figaro
Read alsoJean-Luc Mélenchon wants to tax the highest incomes at 90%
Today, the marginal tax rate of the highest bracket is set at 45%, for income above 160,336 euros. Jean-Luc Mélenchon proposes to him to modify the scale of the tax on the income, while passing from 5 to 14 slices. A way of “make taxes fairer“, according to…
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