The national Assembly began Monday, October 15, the marathon budget, the second quinquennium of Emmanuel Macron. The government is defending a draft law turned to ” those who work “, while the opposition denounced the “anti- ” purchasing power”.

This proposed budget allows us to ” strengthen the purchasing power of those who work in protecting the most vulnerable “, said the minister of public accounts, Gérald Darmanin, who defends for the second year in a row the draft of finance law (PLF) alongside Bruno Le Maire, minister of the economy.

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More than 2,000 amendments

The first section of the PLF to 2019, on the taxes and fees, will be examined throughout the week, with over 2 000 amendments to the menu, almost double of last year. The vote solemn is scheduled for Tuesday 23 October. The cap was set last year for the five-year period of : debt reduction and public expenditure accompanied by a reduction of the tax on the capital toward the investment. “Consistency is the key to restoring public finances “, stressed The Mayor.

The budget bill, however, has been difficult to make, between growth downgraded to 1.7 per cent expected by Bercy vs. 1.9 %) and european commitments. The public deficit is expected to reach 2.8% of GDP next year down from 2.6% in 2018.

While the policy of Emmanuel Macron is perceived as unfair by a part of the opinion, Mr. Darmanin touts the reduction in income tax planned € 6 billion for households, the “largest decline” since 2008. And this, in a context where compulsory levies (taxes and social contributions) fight record : they have exceeded for the first time 1 000 billion euros in 2017, a statement by the general rapporteur, Joël Giraud (LREM). They have this year reached their “highest point” in representing 45.3 per cent of GDP, a rate that should fall to 45 % of GDP in 2018 and to 44.2 % of GDP in 2019.

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The minister of the public accounts puts it, ” the second instalment of the removal of the housing tax “, “the full effect of the reductions in social security contributions, “”the boost to overtime,” and “the extent of correction of the generalized social contribution” (CSG), gesture tax for 300 000 pensioners. Mps LREM want to go further in the direction of the most modest and suggest including ” insurance against widowhood “, in order to compensate for the abolition in 2008 of the half-tax revenue as a proportion of the widows.

For their part, the opposition scream the lie about the 6 billion of tax cuts, a “trompe l’oeil” in LR, a round of “pass-pass” for the PS, or even a “scam” according to the left of the left. According to the Dissenters, it is the “season 2” of the “budget” of the rich “.

The gain in purchasing power for households is estimated at $ 3.5 billion, taking into account, in particular, the quasi-freezing of retirement pensions and allowances, according to a study from the French Observatory of economic conditions (OFCE). The Institute of public policies (IPP) table even on a amount of 1.2 billion euros, including the increase of the contribution rate for supplementary pensions for private employees.

Discontent of pensioners

The opposition want to be the voice of the French, including pensioners, who are planning protests on Thursday for the fourth time in a year, as against the budgetary choices of the government.

The controversy around the fees of dwelling rising in certain municipalities should also inform the debate, the government is casting blame on the councillors. The Association of mayors of France has denounced a “smear campaign” around the hashtag #BalanceTonMaire on the social networks.

The levy at source from January 1, 2019, whose effects on households are discussed, will feed her in the evening of the first exchanges in the chamber.

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