the National Assembly expands and perpetuates the surtax on high incomes

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2024-10-22 22:22:00

The deputies adopted this Tuesday evening at first reading article 3 of the finance bill which establishes a differential contribution on high incomes.

MPs approved on Tuesday evening the new tax contribution from high-income households proposed by the government in its 2025 draft budget, but they broadened the base of this surcharge and made it sustainable.

This provision amounts to establishing a minimum tax rate of 20% for households declaring more than 250,000 euros of annual income for a single person. The government wanted to introduce it in an “exceptional” manner for three years, but the National Assembly adopted amendments tabled by the left and the Modem to remove this time limit.

Out of 258 voting deputies, 191 deputies voted for and 35 against the adoption of this text.

The 2025 state budget has been debated in the National Assembly since Monday, October 21. Examination of the bill and its thousands of amendments must continue all week.

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