in front of the Medef, Bruno Le Maire dodges the question raised by Elisabeth Borne

in front of the Medef, Bruno Le Maire dodges the question raised by Elisabeth Borne

in front of the Medef, Bruno Le Maire dodges the question raised by Elisabeth Borne

Bruno Le Maire, at the Medef Summer University, 30 August 2022.

“I don’t know what super profit is”Economy Minister Bruno Le Maire said in front of employers on Tuesday 30 August, while Prime Minister Elisabeth Borne had not ruled out taxing these super-profits. “I know companies have to be profitable, that’s all I know”added the number two of the government in front of an audience conquered on the occasion of the REF, the summer university of the Medef.

For its part, Elisabeth Borne declared on Saturday in an interview with Parisian I do not want to ” close the door “ at a fee up “superprofits” companies, a left-wing claim. But he added that he would prefer any company he can “Lower prices for the consumer and give purchasing power to its employees”.

In front of employers, Bruno Le Maire repeated that he had asked several companies that had made exceptional profits due to the surge in energy prices or bottlenecks in transport or logistics “to lighten the bill for our compatriots”.

Read also: Article reserved for our members Elisabeth Borne urges companies to energy sobriety before Medef

“Taxing more in France means producing less in France”

“I know Total, CMA-CGM [armateur]distributors, a number of other companies have already made efforts to redistribute what they have earned directly into the consumer’s pockets “explained the Minister, for whom “Taxing more in France means producing less in France”.

The president of Medef, Geoffroy Roux de Bézieux, had, for his part, judged on Monday that “the biggest super-profit (…), it is the state ”. “Tax revenues for the first half of 2022 increased by 27 billion euros”so he advanced.

Without denying this figure, Le Maire rejected his analysis: “We cannot be blamed, on the one hand, for spending too much to protect families and businesses and, on the other, for telling us that we could make a profit in this sector. “

“What I see is that when the corporate tax rate is lowered, revenue increases, demonstrating the effectiveness of our tax policy.”hammered the minister amid applause.

Read also: Article reserved for our members Super-profits, tax loopholes: part of the majority wants to tighten the tone towards companies

The world with AFP

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