After an interview with German Chancellor Olaf Scholz on Monday, September 5, the President of the Republic explained that he supported a non-fiscal European mechanism to recover part of the profits of electricity producers.
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In turn to take a position on the taxation of super-profits. Without using the word tax, Emmanuel Macron defends the idea of a “European contribution mechanism” energy companies to enable States to “finance their targeted national measures”. The term of “contribution” makes those who, on the left, demand this tax wince.
>> Super-profits: why France supports a “European contribution” from energy operators rather than a tax
“I do not know what, beyond words, the president has as real intention”, asks Boris Vallaud. The boss of the Socialist Party in the National Assembly pushes the idea of a referendum of shared initiative on the taxation of super-profits. According to him, the President of the Republic is trying to save time. “This is a request from the European authorities, the Commission, the Parliament, the Secretary General of the United Nations”lists the socialist.
Now there’s no time to procrastinate, we must take action
Boris Vallaud, president of the socialist group in the National Assemblyat franceinfo
The opposition keeps up the pressure. La France insoumise has published an online petition to tax the super-profits of multinationals. It recorded, on the morning of September 6, more than 83,000 signatures. In addition, the Finance Committee of the National Assembly, chaired by the rebellious Eric Coquerel, is launching a flash mission on the taxation of super-profits. David Amiel (LREM) and Manuel Bompard (LFI) are co-rapporteurs. For the rebellious deputy, Emmanuel Macron tries to circumvent the debate.
The Head of State “is confined solely to the energy sector and, above all, he is proposing something extremely complex at European level”criticizes Manuel Bompard. “We left to possibly have a contribution when there may be no more super-profits.” The Rogue and its allies use Spain, Italy, and the United Kingdom as examples. Countries that have the courage to tax what they consider to be “crisis profiteers”.