Yanis Darras with AFP 2:25 p.m., April 4, 2024

Faced with the public deficit, the government is considering possible new revenues. Among the latter: taxing annuities. Real estate, stock market, savings... Europe 1 takes stock of the beginnings of the government's project. 

How to fill the public deficit? This is the thorny question the government is considering. If Gabriel Attal is still banking on full employment and wishes to once again reform unemployment insurance to encourage unemployed French people to quickly find work, at the same time, other ideas are gaining ground. 

This is evidenced by Gabriel Attal's proposal to tax annuities. Stock market shares, rents... Several annuities are in the Prime Minister's crosshairs. To clear things up, the occupant of Matignon announced the creation of a majority mission on the subject. 

Limit profits on the back of crises

“I wanted to entrust a mission to our majority, a mission led by Jean-René Cazeneuve, our budget rapporteur, with a representative from each group” of the majority. “The objective of this mission: to make proposals on the taxation of annuities, between now and June,” declared the Prime Minister, according to his remarks reported to AFP by Matignon.

Because the project seems vague at the moment. The idea is to attack big savers and those who profit from crises, like the tax on energy companies' rents, adopted for the year 2023. But the latter was a failure. While it was estimated that it should have brought in more than 3 billion euros, it actually only brought in 300 million. 

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No question of touching the savings of the French

Especially since rumors are rife on the subject. This is evidenced by the panic on social networks after posts announcing that the government was considering also taxing French savings such as the Livret A or life insurance. But on Wednesday morning, in the columns of La Dépêche du midi, the Prime Minister's entourage assured that there was no question of touching these investments. A little later, during parliamentary questions, Gabriel Attal assured that the government would “never” increase the taxation of “working French people” or “the fruit of their savings”. 

To ensure the parliamentary mission, MP Nadia Hai will represent Renaissance, Jean-Paul Mattei le Modem, and another MP whose identity is not yet known will represent the Horizons group. This task force will report its conclusions next June.