State tax revenues soar

State tax revenues soar

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Gabriel Attal, Minister Delegate in charge of Public Accounts (here, in July), affirms that the additional tax revenues are used to protect and support the French. Sebastien SORIANO/Le Figaro

ANALYSIS – At the end of July, they had jumped by 40 billion euros over one year while spending had remained stable.

The extension of the public domain. Since the health crisis, the state has taken a prominent place in the French economy, which does not seem destined to decline. This is confirmed by the mid-year budget figures. At the end of July, government revenues had increased, over six months, compared to the same period last year, by nearly 40 billion to 190 billion euros, while spending remained stable, at the stratospheric level. of 260 billion euros. By way of comparison, in 2019 for the same period when the public sphere was not particularly on a diet, expenditure reached 207 billion and revenue 123 billion.

The surge in receipts is explained by the resistance of companies in the crisis, the relative solidity of consumption and high inflation caused by the war in Ukraine. Revenues related to corporate tax have thus jumped by nearly 16 billion over one year, and those from VAT by 7.7 billion…

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