2023-08-19 04:00:00
Who Wants to Be a Millionaire ? For the first time, France overtakes Japan and Germany in the ranking of the number of millionaires. 2.8 million French people had a fortune of more than one million dollars in 2022, according to a study by the Swiss bank UBS unveiled this week. These figures take into account the net wealth of households, which includes shares, financial savings but also real estate wealth. This places our country in third place in the world behind the United States and China. The number of millionaires is increasing in France, while it tends to fall elsewhere. This is explained by the tendency of our fellow citizens to favor investments in real estate, real estate having withstood the crisis better than financial investments. A performance as remarkable… as it was embarrassing for the government, where it was met with radio silence. Seen from Bercy, the news does not come at the best time, on the eve of a return weighed down by rising prices. The left, on the other hand, jumped at the chance to erect these statistics as a symbol of the “tax gifts” made by Macronie to the wealthiest and to slay the “president of the rich”. To also recall that, if France has 2.8 million millionaires, they are three times more likely to live below the poverty line. Without sinking into caricature, it is natural that in times of crisis, when the incomes of the wealthiest increase, the question arises of a better redistribution of wealth. Regularly pressed by the opposition to tax the richest, Emmanuel Macron has always rejected this option, believing that they contribute to the dynamism of the economy. It remains to be seen until when he will be able to hold this speech, while inflation has set in over time and the financing needs of the State, faced with record debt, are at their highest.
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