“I remove inheritance tax for 95% of French people”, assures Valérie Pécresse, this Sunday. The candidate Les Républicains (LR) for the presidential election, if she is elected, proposes to exempt inheritance taxes up to 200,000 euros per child, she explains in a Sunday interview with Le Figaro.
The candidate’s program provides that each child can inherit 200,000 euros tax-free, compared to 100,000 euros today. The allowance would also be increased to 100,000 euros for an indirect transmission, for example in the case where “a person inherits from his uncle or his sister”.
Valérie Pécresse also wants to increase the ceiling for donations during the lifetime of tax-exempt donors. Each parent might thus give 100,000 euros every six years and no longer every fifteen years. The measure would also concern “each of the grandchildren to allow the generational leap”, and would still be 50,000 euros for nephews and siblings.
The zero rate loan everywhere in France?
The candidate proposes in the same interview, in order to facilitate access to property, to “generalize the zero-rate loan for first-time buyers throughout France and not only in tense areas”. Finally, it details the measures of its program aimed at increasing the amount of family allowances.
To finance these measures, Valérie Pécresse promises “a whole series of savings measures”, citing the postponed retirement to 65, unemployment insurance, or the reformed RSA “to get out of the welfare policy”. She also mentions the reform of the State, “with a decentralization of powers to avoid numerous administrative duplications and a radical simplification of standards”.