Why Macron’s government wanted the wealth tax to disappear

Remplacé par l’Impôt sur la fortune immobilière

les plus riches investissent dans les actions/obligations, les classes moyennes dans le logement (moins liquide, the objective is to keep their assets)

if the objective is to increase investment, it is a failure : little incentive to increase profitability on this wealth accumulated and reinvest it if no cost (taxes) are attached to it. encourages ST investing (why?)

on the other hand, reduction of CAF benefits

suppression des emplois aidés = creuse le fossé pour les chômeurs, cercle vicieux

+ assouplissement du code du travail

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