Marine Le Pen proposes to replace IFI with a “Financial Fortune Tax”

The candidate of the national rally wishes to return to a wealth tax that would be exempt from certain real estate and patrimonial goods.

Le Monde

Marine Le Pen claimed wanting to do “the opposite” of Emmanuel Macron’s policy regarding the imposition of the most fortunate households, Thursday, December 2, presenting in an interview at Parisian The first contours of a tax” on financial fortune “(IFF).

The proposal of the National Candidate (NR) in the presidential election takes up the framework and the thresholds of the Fortune Tax (ISF), replaced in 2018 by the property on real estate wealth (IFI) who would be deleted him. It introduces two major changes compared to the ISF: the exemption from the taxation of the main residence of the tax households as well as that of the works of art acquired for more than ten years.

The device would concern, according to the far-right candidate, 250,000 people (a level close to that of the ISF in 2013, while the entry threshold was fixed at 800 000 euros). “I make the choice of rooting against speculation, where Emmanuel Macron has made the opposite choice,” said M me Le Pen in the Parisian, explaining that the exemption of residences Key “will protect the middle classes that sometimes entered the ISF due to the simple valuation of a family real estate heritage”. The current “Flat Tax” on the income of capital would, moreover, maintained.

“My choice is made: no immigration and birth rate”

The tenant households of their main home but owners of another property could also benefit from this exemption, if the latter is not used to receive rent. “The IFF would bring about 3.4 billion euros, compared to 1.7 to 2 billion euros for the current IFI,” details the presidential candidate, who does not think that the IFF could have Any consequence on the expatriation of the French “.

Professional assets such as agricultural buildings, the monuments classified or registered with historical monuments would also be removed from the calculation of this IFF. As well as works of art possessed for more than ten years, to help, according to Marine Le Pen, to “preserve French heritage” by slowing potential disposals “to foreigners, pension funds, insurance”.

“Why do I do that? Because I want to be able to finance my birth policy, said on the South radio antenna , Tuesday, November 30, the former president of the RN by first time evoking the idea of the IFF. We are told: “We have the choice between immigration and birthplace.” My choice is made: it’s no immigration and birthplace. And I come to say to those who are the most affluent of our Compatriots: You must participate in this birth policy, because it goes from the future of your country, from our country. And I am convinced that they will accept this philosophy. “

/Media reports.