Feb 8 • 09:31 UTC 🇫🇷 France Le Figaro

"This is not a fiscal hammer budget for businesses": Maud Bregeon "does not always understand" the criticisms of the Medef chairman

Maud Bregeon, the government's spokesperson, defends a stable tax framework for businesses, countering criticisms from the Medef chairman regarding unfulfilled promises in the budget.

Maud Bregeon, the spokesperson for the French government, expressed her bewilderment over the criticisms voiced by Patrick Martin, the president of Medef, concerning the recently adopted budget. Bregeon emphasizes that the tax framework remains stable for 99.9% of companies, contrasting this with Martin's claims of unmet promises. She specifically pointed out that the Contribution sur la Valeur Ajoutée des Entreprises (CVAE), a production tax, will not face increases, suggesting a commitment to maintaining a predictable environment for businesses.

The dispute highlights the ongoing tension between government fiscal policies and the concerns of business leaders about the economic landscape in France. Bregeon’s remarks suggest a belief that stability in taxation is beneficial for companies, which may help foster investment and growth. However, Martin's apprehensions indicate that some business executives feel that the government is not fully living up to prior commitments, which could lead to a wider discontent among business stakeholders if not addressed.

This conflict is particularly relevant as the French economy navigates challenges post-COVID-19, and the government seeks to reassure businesses amid ongoing inflationary pressures and economic uncertainty. The back-and-forth between government officials and businesses reflects the broader negotiations surrounding fiscal policy in France, which has significant implications for the business climate and economic recovery.

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