Wednesday, August 20, 2014

Taxes: new cuts announced next week by … – Liberation

Taxes: new cuts announced next week by … – Liberation

Prime Minister, Manuel Valls, will announce “next week” new tax cuts to compensate for the censorship of the Constitutional Council, said Wednesday the Minister of Labour, Francois Rebsamen.

Speaking of the 2.5 billion reduction in employee contributions granted to low-income households and censored by the Constitutional Council in early August, the Minister assured on I-TELE that it “would apply. This will be the Prime Minister who will announce next week. “

To compensate,” there will surely tax cuts, but it will be the same amount and for the same people, “or the employees receiving “SMIC to 1.3 and 2.5 billion still to be redistributed in purchasing power,” he said.

“It’s part of the pact of solidarity responsibility and solidarity, so these are measures to support the purchasing power for the small and medium-sized families, “he said.

The government promised alternative measures of the same magnitude to restore the power Purchase these households, following the decision of the Elders of censor this key measure Pact responsibility.

The employment premium (EPP), the RSA activity, income tax, via a system of discount, or thresholds for excluding housing tax are the tracks listed in Bercy, skeptical another option suggested by Matignon, the action through the general social contribution (CSG).

“I think there is a legal risk to the CSG and we do not want to take any legal risk and therefore it will be a tax cut for example, and then other measures” said Mr. Rebsamen, without elaborating.

The Minister had earlier said more than 4 million people had benefited from tax cuts in 2014, against 3,000,000 originally planned.

Stéphane Le Foll, spokesman for the government, said on France 2 that the tax cuts represented 1.2 to 1.3 lower than 1.16 billion announced in the spring billion euros.

The first cabinet meeting of the season, especially devoted to the economic situation, is held on Wednesday, while all indicators are red and that is increasing the pressure on the duo Holland-Valls, pressed to find solutions to the crisis.

AFP

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