Debate Intensifies Over Potential Return of France's Housing Tax
As the French government discusses the 2025 budget, calls to reinstate the abolished housing tax have sparked significant political debate.
- The housing tax, abolished by Emmanuel Macron from 2018 to 2023, is being reconsidered as a potential revenue source amid budget discussions.
- Proponents from both the left and right argue that reinstating the tax could address local financial deficits and enhance fiscal autonomy.
- Opponents, including the current government, argue that the tax's removal increased citizens' purchasing power and that its return would be unfair.
- Some proposals suggest a modified tax targeting wealthier citizens or introducing a universal residential tax exempting the poorest.
- Concerns have been raised about the potential financial burden on future homeowners, as a reinstated tax could increase housing costs.