Dutreil Pact, tax credits… Attac proposes to recover up to 19 billion euros in tax and social security loopholes

Killing three birds with one stone: Generating budget revenue, reducing inequality, and strengthening tax compliance. This is what Attac proposes in a note coordinated by the Tax Justice Observatory and entitled "Who wants to earn billions? Putting an end to unfair and inefficient tax loopholes." In the short term, it would be possible to free up 17 to 19 billion euros, and "more in the medium term," by carrying out a major sorting of these measures. This represents almost half of the 40 billion euros of effort to be made in the next budget, the amount put forward by the Bayrou government .
These tax and social security loopholes for the benefit of businesses and individuals, the note specifies, "there are 467 of them, for a budgetary cost officially estimated at 85 billion euros in 2025." Adding to this "the cost of the derogations which are no longer officially classified as tax expenditures but nonetheless constitute real tax reductions for their beneficiaries, " the shortfall would go "well beyond 100 billion euros." If these tax expenditures have proliferated since the 1970s, argues
Libération