a new tax schedule comes into force

With inflation, the collection of taxes is feared by the French this year. Some fear an impact on their purchasing power. “Basic necessities, electricity, gas… It is obvious that everything is increasing”, explains a man. Another remarks that his taxes have gone up: “I received my invoice and I am 1,000 euros more”, he remarks. Indeed, the government has decided to take inflation into account when calculating income tax. The level of the tranches will be raised to take into account the rise in income, which is progressing more slowly than that of prices.

In detail, a single person who saw his salary, at the minimum wage, reach 1,332 euros per month, would have been taxed 129 euros. With this tax review, he will continue to pay nothing to the state. All the tranches are thus high in order to protect the 39 million taxpayers. The measure is welcomed by those concerned. The measure will cost the state six billion euros, according to the Ministry of the Economy.