INTERVIEW
While the 2020 finance bill is currently debated in the National Assembly, the latest government reforms in tax and social issues seem to draw conclusions from the crisis of "yellow vests". The Public Policy Institute has published a very detailed survey of the fiscal measures in the draft budget. Result: if Emmanuel Macron keeps for some the label of "president of the rich", in fact it is the middle classes who earn the most in purchasing power.
"If we do the cumulative measures as a whole since the beginning of the five-year period, the middle classes have gained about 3% of disposable income ie net purchasing power," explains the microphone. Europe 1 Antoine Bozio, Director of the Institute of Public Policy. "These gains are largely due to the measures taken after the crisis of" yellow vests ", both the economic and social emergency measures and then, in the last budget, the measures of income tax cuts. and the housing tax, "says this economist.
Rebalancing for retirees
As for pensioners, who were presented as big losers in the five-year period when the CSG rose in 2018, the situation is also improving slightly. "Among retirees, there has been a subindexing of pensions beyond 2,000 euros per month in the 2020 budget.This affects retirees located in the wealthy part of the distribution But as they also benefit from the decline income taxes, they are no longer as losers as they could have been in the first five-year budgets, "notes Antoine Bozio.