Increasing pressure on Macron to tax multinational corporations on unexpected profits

Write non-stop for the French president, Emmanuel Macron. A busy start to the new legislature in the National Assembly concluded last week. Lawmakers began their recess Monday after six weeks of heated debate in a Parliament where Macron no longer has an absolute majority following his party’s disappointing results in the June elections. The executive managed to execute an law to deal with inflationbut he saw how the weight measurements were destroyedlike the vaccination passport or this year’s modified budget. The opposition has also pressured macronism in recent weeks to approve a measure that has monopolized French public debate: extraordinary income tax.

On August 1, such a measure was passed in the Senate. Senators from both the left and center presented a few changes. but all denied By a few votes in a parliament dominated by the Republican right (LR, about the PP in France).

“You can’t ask the community to contribute by funding checks and at the same time successful companies Resultsabsolutely abnormal and it’s in the direct interest of shareholders,” said Senator Hervé Marseille, chairman of the Centrist Union group, which was made up of several different parties from Macron’s Renaissance formation (formerly Republic in Motion) in the Upper House.

Macron and the French Government oppose

“When we are the country with the most taxes To justify the Executive’s refusal to adopt a new tariff, we should not add an additional rate to all existing rates in all European countries,” Economy Minister Bruno Le Maire said. A measure similar to the electricity companies tax announced by Pedro Sanchez at the beginning of July. The third most influential leader of the French Government added that “very high-profit companies should participate in the collective effort (…) to return the money directly to the French rather than the public coffers”.

At the end of July, such a tax had already been discussed in the National Assembly. Although it initially seemed likely to be approved as LR was hesitant to vote in favor, it was eventually passed. rejected by 10 votes. The Republican right opposed this after energy giant Total announced it would cut the price of gas at gas stations by 20 cents. Macronistas and LR also agreed on a subsidy of 30 cents per liter (instead of 18 now) from September.

record profit

Despite being rejected twice, the opposition has yet to succumb to the possibility of promoting this special rate. The New Popular Ecological and Social Union (NUPES) – a coalition of the unitary left that leads the opposition with 151 deputies divided into four factions – is preparing a parliamentary report on this in early October. Controversy over its eligibility has been fueled by the recent announcement. Total record profit (earnings of 18,500 million euros in the first half), luxury giant Louis Vuitton (6.5 billion), electric Engie’s (5,000 million) or automobile group Stellantis (8,000 million).

However, Macron Executive opposes increasing financial pressure on these multinational companies. this One of the campaign’s totems was a promise not to raise taxes. spring presidential election of the centrist leader. In fact, in his first term, he was already branded as “president of the rich” for approving substantial tax cuts for the wealthiest classes, with the partial abolition of the wealth tax or the lowering of the appraisal rate from 45% to 30%. capital maximum.

“Whether it’s OECD, IMF or European countries that don’t have to be on the left (…), some consensus“As to the appropriateness of this tax, he assured the aide of the rebel leftist Alma Dufour. In addition to the Spanish, Italian, British or Romanian governments, they have promoted such special rates in recent months, whether exclusive to utility companies or companies with the highest profits. .

Even the UN Secretary General, Anthony GuterresHe confirmed Wednesday that “it is urgent to evaluate these extreme benefits”. But Macron seems to have blocked his ears. Dufour criticized that in the half-cycle, “While there is a big change in the economic direction of the world, France appears to be a neoliberal regression of the 1980s”.

Source: Informacion


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