Massive fiscal shock, soaring public spending… The dangerous collectivist experiment proposed by Mélenchon for the presidential election

In politics, you need simple ideas. Especially in the countryside. Among the Insoumis, it starts with the diagnosis of the state of the French economy.

According to them, the aid to businesses and the tax cuts in favor of the richest undertaken over ten years by Emmanuel Macron fully explain the deficit in public accounts and therefore the country's debt. Coming back to both will resolve the budgetary problem. Simple.

Basic. Jean-Luc Mélenchon's program therefore consists, first of all, of massively increasing State and Social Security revenues. The figures for the entire five-year term have not yet been communicated.

But the counter-budget for the year 2027 presented at the beginning of October gives a salty taste: the Insoumis are planning 106 billion euros in additional levies. » READ ALSO - “It would be an almost immediate crisis”: what economic circles think of Jean-Luc Mélenchon's program A fiscal shock of 3.4 points of GDP Return of the wealth tax repainted as “climate ISF”, for around ten billion euros, Zucman tax on the largest assets (15 billion), elimination of the flat tax on financial investment income (9 billion), tax on share buybacks, tax on digital services, tax on cryptocurrencies, tax on superprofits, elimination of tax loopholes including the research tax credit or the Dutreil pact, taxation of inheritances (20 billion more expected) up to 100% from an amount of 12 million euros... It is the entire tax system according to the left which is proposed.

Machine-translated from French