At Bercy, Macronist Antoine Armand does not want to be “minister of tax confiscation”

At Bercy, Macronist Antoine Armand does not want to be “minister of tax confiscation”

2024-09-22 01:45:31

If in the new government, led by Michel Barnier, Bercy remains in the bosom of the presidential camp, the tax line should take a new direction. At 33, the Renaissance deputy of Haute-Savoie Antoine Armand, appointed Saturday Minister of Economy and Industry, immediately made his mark by opening the door to targeted tax increases.

“In the budgetary context, automatically excluding certain exceptional and targeted levies would not be responsible,” states in an interview with JDD published a few minutes after his appointment as successor at Bercy to the almost irremovable Bruno Le Maire, who remained in the ministry for seven years.

Billions to be found for public accounts

While he emphasizes that the middle classes would be “supported” and public spending optimized to generate the billions of euros needed to restore public accounts, his statements could mark a shift within the presidential camp, which has made the reduction of tax pressure one of its hallmarks. “I will not be the minister of tax confiscation or that of underinvestment in our economic and ecological future,” Antoine Armand nevertheless tries to reassure.

For the young ENA graduate who began his career at Bercy as a finance inspector, the announcement of the government casting has all the makings of a return to his roots. But he will not have as free a hand as Bruno Le Maire, whose portfolio had regularly expanded over the course of the reshuffles. A sign of a certain loss of influence at Bercy, the Minister Delegate for the Budget and Public Accounts Laurent Saint-Martin has been placed at Matignon.

Antoine Armand was born on September 10, 1991 in Paris. After studying at the École Normale Supérieure and then at the ENA, he joined the General Inspectorate of Finance in 2019. A specialist in energy issues, the Savoyard MP was elected president of the Economic Affairs Committee in the Assembly in July.

In line with supply-side policy

His political debut dates back to 2017, when he joined forces with Emmanuel Macron. In 2021, he became departmental head of En Marche in Haute-Savoie, where his grandfather, the resistance fighter and senior civil servant Louis Armand, came from. It was in the 2nd constituency of Haute-Savoie that Antoine Armand was elected for the first time, during the 2022 legislative elections, under the banner of the presidential majority. In 2024, he retained his seat by winning largely against the RN candidate Anis Bouvard.

The minister is also a specialist in energy issues and a declared defender of nuclear power. And in the JDDAntoine Armand declares that he will fight at Bercy “so that our policies of future investment, of support for the factories that are being created, are continued and expanded.” A form of commitment to continue the supply-side policy advocated by Emmanuel Macron since his election.

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