“French entrepreneurs are resisting,” said the Minister of the Economy on Monday morning on RMC. While Patrick Martin, new president of Medef, expressed his concerns about the government’s tax policy in an interview with Le Figaro, Bruno Le Maire seeks to reassure them. “There is nothing to worry about”, assures the minister, highlighting “the constancy” of the government.
“I don’t see many entrepreneurs complaining about our tax policy,” he notes, before adding “that all promises have been kept.” Or almost. A stumbling block still remains: the decline in the abolition of the CVAE. Thursday, Bruno Le Maire announced that this production tax would be abolished at the end of 2027, when it was to be abolished in 2024. “We react badly”, explained Patrick Martin, in our columns. “The state sends the opposite signal, which alters our confidence, even though companies need it to be reliable and responsible,” he added.
In response, the Minister of the Economy again confirmed the abolition of the CVAE, before recalling that the executive has “already abolished 10 billion in production taxes between 2017 and 2022”. “It was not on Emmanuel Macron’s program,” he recalls. To ensure the gradual abolition of the CVAE, the State will thus remove one billion euros from this production tax next year. “By 2027, the promise will be kept,” assures Bruno Le Maire.