During a live interview on TF1 at 8 p.m. on March 27th, French Prime Minister Édouard Philippe was asked about the possibility of raising taxes for the wealthy. He stated that he is open to considering credible proposals from parliamentarians, social partners, and associations of elected officials. He emphasized that France is not a tax haven and highlighted the country’s national wealth tax and tax on real estate wealth, known as the IFI. He pointed out that 10% of French people pay 70% of income tax, which is unique compared to other European countries.
When asked about super profits taxation, Philippe stated that he does not have a fixed stance on the issue despite it being a divisive topic within his majority. He did not rule out changing taxation on super profits of energy companies, which only brought in €600 million in revenue in 2023. However, he set two red lines: no increase in taxes for middle-class families and retirees and no increase in taxes for businesses.
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During an interview with Édouard Philippe at 8 p.m., Wednesday March 27th, Prime Minister Gabriel Attal was asked about potential increases in taxes for the richest individuals in France.
He stated that he was open to hearing credible proposals from parliamentarians, social partners and associations of elected officials.
Attal emphasized that France is not a tax haven for anyone and highlighted its national wealth tax as well as the IFI or real estate wealth tax.
He pointed out that ten percent of French people pay seventy percent of income tax – unique compared to other European countries.
When questioned about super profits taxation Attal mentioned that he did not have a fixed stance but acknowledged it was a divisive topic among his majority.
He refused to rule out changing taxes on energy company super profits which only brought in six hundred million euros in revenue last year.
Attal set two red lines: no increase in taxes for middle-class families or retirees; no increase in taxes for businesses.
