“Let’s tax land, not housing and sinks” | EUROtoday

Bercy lately introduced an replace of its information which might in the end result in a rise in property taxes for 7.4 million housing items which have till now been undervalued and due to this fact “undertaxed”. Political events of all stripes have expressed their indignation and opposition to any improve in property taxes, whereas they themselves lately voted within the National Assembly in favor of tax will increase on work, financial savings or consumption. If the method chosen by Bercy to search out new income in any respect prices is sort of sneaky, land is however one of many least unhealthy taxes!

Indeed, the provision of land being mounted, taxing it shouldn’t have any disincentive impact. Furthermore, land hire is a supply of enrichment ensuing from exterior elements: attractiveness of the municipality, city improvement, public transport, safety, and many others. It due to this fact appears authentic to make homeowners contribute to public insurance policies that improve the worth of their property. The nation would due to this fact significantly profit from taxing property possession fairly than work. In addition, not like switch taxes, which elevated in 2025 in some departments, the property tax doesn’t discourage acquisition.

However, this replace of Bercy information reveals the absurdity of the strategy of calculating the property tax. It doesn’t merely rely in your land, but in addition on the development and gear of the housing. Improve your property, and your tax will improve. Build new housing, and you’ll pay extra to the State. This is a dangerous disincentive that aggravates the housing disaster. These guidelines appear all of the extra ridiculous as they have in mind the presence of an elevator, a stair carpet, a bath or rest room. This doesn’t assist with acceptability…

Breaking the inertia

You have 50.43% of this text left to learn. The relaxation is reserved for subscribers.