French budget 2014: the impact of the new tax measures?

Antoine Bozio, Malka Guillot and Marianne Tenand
Additional contact information
Malka Guillot: IPP - Institut des politiques publiques

Institut des Politiques Publiques from HAL

Abstract: Released at the end of September, the 2014 French Budget aims to reduce the public deficit by restricting public spending. While the announced tax reforms are less radical than those implemented in the previous two years, they project an additional increase in revenue of 2.7 billion euros (that is, 0.1% of GDP). This note presents an overview of the evolution of public finances and an analysis of some of the announced tax measures that will affect expected revenues for the 2014 financial year. Changes to income tax are limited and mainly affect those in the highest income decile; the increase in VAT also has a mildly redistributive effect, thanks to the increase in the intermediate rate. There remain, however, a number of unknown effects relating to the impact on employment of the tax credits for competition and employment (CICE) scheme and the effectiveness of the announced spending cuts.

Date: 2013-11
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-02527023v1
References: Add references at CitEc
Citations:

Published in 2013

Downloads: (external link)
https://shs.hal.science/halshs-02527023v1/document (application/pdf)

Related works:
Working Paper: French budget 2014: the impact of the new tax measures? (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:ipppap:halshs-02527023

Access Statistics for this paper

More papers in Institut des Politiques Publiques from HAL
Bibliographic data for series maintained by Caroline Bauer ().