The deputies are called this Tuesday, November 12 from 4:30 p.m. to vote on the “revenue” part of the finance bill for 2025. The budget has been very largely revised in the hemicycle, and the text could still be rejected, before continue its journey in the Senate. Here are the main proposals that have been added and those that have been deleted compared to the initial text tabled by Michel Barnier in October, which provided for 60 billion euros in savings compared to 2024. In total, more than 3,500 modifications of the text were proposed by the deputies.
What was added
The left-wing alliance of the New Popular Front (NFP) has added new taxes to the finance bill (PLF) on superprofits, superdividends from large groups, share buybacks, and a tax on the wealth of billionaires, or even on “large digital companies” with a strengthening of the “Gafam tax” from 3 to 5%. The tax on financial transactions also saw its base broadened and its rate increased by an amendment presented by Eric Coquerel (LFI), the president of the Finance Committee.
Another added measure, an ecological penalty on noisy two-wheelers and three-wheelers, or a tax representing 3% of the payroll for companies not respecting the Copé-Zimmerman law on the feminization of company management. MEPs also voted for the elimination of the tax advantage which benefits the parent who pays child support to the parent caring for the child.
The RN, for its part, had an amendment adopted, with the votes of part of the left, which extends to Gafam the payment of tax on the turnover of electronic communications operators.
The general budget rapporteur Charles de Courson (Liot) estimated revenues at “12 billion”, once measures “probably Euro-incompatible, or unconstitutional” were taken out.
What was deleted
Of the 41 articles in the initial text, a dozen were simply deleted. Several amendments tabled from the left and the Modem have thus removed the limit set for 2026 on the differential contribution on high incomes, in order to make it sustainable.
The article providing for levies for France’s contribution to the European Union was also deleted, a deletion pushed by the National Rally group. Enough to “invalidate this budget”, in the eyes of the boss of the MoDem group Marc Fesneau.
The government coalition in the Assembly (EPR, MoDem, Horizons, Republican Right) participated in the removal of several flagship measures on the increase in the electricity tax, the increase in the automobile penalty and the surcharge on large businesses .
However, it should reject the text so that the initial copy (that of Michel Barnier) is sent to the Senate, the next step, as sources at EPR and DR (Laurent Wauquiez group) confirmed to AFP. Barring an accident in participation, the left should therefore have difficulty getting the text adopted in the face of the government coalition and the RN, which should not vote for it. “What is certain is that we are not going to vote for it”, declared this Tuesday the RN deputy Julien Odoul on franceinfo, without specifying whether it would be a red light or a abstention.