The 2024 budget, tax cuts, refiners’ profits… Thomas Cazenave’s “8h30 franceinfo”

The Minister for Public Accounts, Thomas Cazenave, was the guest of “8h30 franceinfo” Friday September 15, 2023. Asked about France’s debt burden, the 2024 budget, or even taxes, he responded to Jean-Rémi Beaudot and Agathe Lambret.

Taxing refiners’ “excessive profits” is “on the table”

“At this stage”the fact of taxing “excessive profits” refiners “is on the table”confirmed Thomas Cazenave. “We are not ruling out any response and this may be one of them when the time comes.”

The Minister of Economy and Finance, Bruno Le Maire, questioned Thursday September 14 about the “high margins” refining, a sector dominated by TotalEnergies in France, ensuring that it would take “the necessary decisions”. On possible new aid to the French on fuel, Thomas Cazenave is not “not in favor of handing over a rebate which involves spending 12 billion euros”, a sum ultimately financed by the “taxpayer”.

Tax cuts for the middle classes: “The commitment will be kept”

The promise of two billion euros in tax cuts for the French, “we are working on it for 2025”confirmed the Minister Delegate in charge of Public Accounts.

“The commitment will be kept with ambition”he specifies: “We want to support the middle classes, those who work.” The form is still under consideration, explains the minister: “For the 2025 budget, everything is on the table.”

• Watch the full interview here