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If Yannick Jadot was elected president, the wealth tax, wealth tax, would make a comeback. However, in the vision of environmentalists, this tax would be greener and would tax more the actions of companies that emit CO2.
Climate wealth tax: this is how Yannick Jadot wish rename the wealth tax, if elected president. The objective is simple, it proposes to tax the richest to protect the planet. Who would be targeted? Only taxpayers with assets exceeding two million euros, he assures us. There add to a surcharge for financial investments in polluting sectors.
This tax would bring in between ten and 15 million euros, enough to allow the State to invest in ecological transition. The aim is also to encourage the richest to give up polluting investments. However, the classification is judged “rude“and so “not very effective on behavior“, says Xavier Timbeau, director of the French Observatory of Economic Conjunctures.