“We must levy an exceptional tax on assets of more than 10 million euros” to finance the ecological transition, says essayist David Djaïz

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Proportionally today, the wealthiest “contribute the least to the transition”, explains essayist David Djaïz, who pleads for “an effort of solidarity”.

Collect a tax “exceptional” on the heritage of the wealthiest via a green ISF to finance the ecological transition is the idea raised on Sunday February 4 on franceinfo by the essayist David Djaïz. “We must levy an exceptional tax on assets of more than 10 million euros in one go, because it is the richest who have the highest carbon footprint”he explained.

“Proportionally today”the wealthiest “contribute the least to the transition”assures the one who had been installed by Emmanuel Macron as general rapporteur of the National Council for Refoundation (CNR) and who left his functions at the end of August 2023. “It materializes an effort of solidarity which is absolutely necessary if we want to preserve a fair social contract”he continues.

A proposal in line with what the economist Jean Pisani-Ferry suggested in his work. His report, presented in May 2023, recommended taxing the financial assets of the wealthiest via a “Green ISF”. He also considered that the transition to a carbon-free economy requires massive investments and cannot succeed without helping households and increasing public debt.

“Ecology must not be associated with pain”, insisted David Djaïz. According to him, “people must not have the impression that they are going to lose money or that it will block their horizons”. In his recent book The obligatory revolutionwritten with Xavier Desjardins, he “suggest creating a transition account” gathering “all necessary expenses to purchase ecological equipment”.


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