The multimillionaire and business manager Bernard Arnault surprised by quenching on the French government, adopting a particularly critical tone, Tuesday, January 28. François Bayrou’s ears must whistle.
Bernard Arnault is not happy at all. The most powerful French businessman in the world presented the results at half mail of the LVMH group, Tuesday, January 28 before an audience of guests and journalists, but it is not the fall of 17% of his annual net profit in 2024 which brought the reason for its annoyance. No, the billionaire is not at all satisfied with the decisions of the French government for the 2025 budget and he publicly said it. Using irony and sarcasm that had to move the furniture in Matignon and undoubtedly at the Elysée.
“I come back from the United States, and I could see the wind of optimism that reigned in this country. And when you come back to France, it’s a bit of a cold shower! There, the taxes will go down to 15%, the workshops are subsidized in a state series. Fatty, showing itself more pinching once its observation has been posed. “It is hardly believable! To push relocation, it is ideal. So, I do not know if it is really the objective of the government, but in any case, it will reach it!
François Bayrou, in the preparation of his 2025 budget, wishes to integrate an exceptional tax on the largest companies. LVHM is affected directly by this surcharge, targeting companies making more than three billion euros in turnover, which would amount to 2025 to fall by approximately 40% the rate of tax on this company. Did he speak to the Prime Minister or Bercy? Bernard Arnault suggests that yes, regretting not being listened to. “We proposed other solutions, but obviously the bureaucracy …”, he launched in the gallery.
The billionaire, willingly mocking to describe the government’s choices, without ever quoting Matignon tenant, even threatened to make decisions which, inevitably, will impact the economic health of the country. “We are strongly asked by the American authorities to continue our location. In the current environment, this is something that we look at seriously,” he said.