Does the government love neither the rich nor the poor? Why he is on the wrong track in his budgetary logic which impacts housing

The government seems very distraught when it comes to passing a budget for France: the National Assembly has just unanimously rejected the first part, relating to revenues, that is to say inflows of money (including taxation). Clearly, the initial finance bill for 2027 satisfied no one, due to its desire to be consensual and transpartisan, and the amendments which disfigured it did not receive the votes of a majority of deputies. It is therefore the original text of the government which went to the Senate.

According to public policy experts, we are moving towards an exchange of parliamentary procedure and Sébastien Lecornu will have no other choice, after having announced at the departure of his predecessor another method, more clever and more effective, than to resort to forceps, either article 49. 3 of the Constitution or ordinances. In short, the budget will be imposed by the executive.

“We all know that the amendments tabled will not go to the end”: the great dismay of the deputies, between waiting for 49. 3 or the ordinances. This is why eyes must be turned to the government to try to understand its budgetary logic. The least we can say is that it is difficult to read, particularly with regard to housing.

The most recent comments and decisions at the top of the state give credence to the idea that the executive loves neither the rich nor the poor. Perhaps a new version of Macronian “at the same time”, but not the happiest and not the clearest. Illustration.

The tax status of the non-professional furnished rental company in the government's sights Three support programs for energy renovation, intended for the most vulnerable households, have just been abolished, Roofs First, Energy Exclusion Territories and Slime. It was the associative fabric that supported them, with leading players such as the Foundation for Housing the Disadvantaged and Habitat and Humanism. In short, from now on, the families concerned will no longer be eligible for the public assistance to which they were entitled, by order of the government.

Of course, we are in a period of budget scarcity. We can just wonder if the choice to further weaken the most exposed is defensible. Moreover, major political figures, the former Minister of Ecological Transition Agnès Pannier-Runacher, and Senator Amel Gacquerre, have expressed their incomprehension and indignation.

So much for the poorest. The richest, the 0.1% of taxpayers subject to the real estate wealth tax, were singled out by the Minister of Public Accounts, David Amiel, during the examination of the draft budget in the National Assembly. He justified the government's desire to castrate the tax status of the non-professional furnished rental company by capping the annual depreciation levels and limiting possible deferrals by the observation that these privileged taxpayers would reduce their tax on income by 100,000 euros per year.

Machine-translated from French