Budget 2027: deputies vote against the plan on the tax loophole for retirees

This measure had already been at the heart of budget news for weeks. The deputies of the finance committee, who began this Wednesday the examination of the tax part of the finance bill (PLF), voted against the government measure aimed at reducing the 10% tax reduction on retirement pensions. Several amendments had been tabled by elected officials on the right and left of the political spectrum to remove this measure from the text. They were adopted following a heated exchange of arms between the government camp and the oppositions.

As a reminder, the government had indicated that it wanted to involve retirees specifically in the effort to restore public finances. He therefore included in his budget copy this measure aimed at reducing the tax reduction on retirement pensions. Currently, retirees can deduct 10% of their annual income from the taxable amount, up to 4,439 euros. The measure specifically plans to lower this ceiling to 3,000 euros. This blow, if the government managed to include it in the budget, would represent a gain of 1.4 billion euros for public finances.

The story of this measure is still far from over. The finance committee is currently voting on the first part of the PLF. But it is the initial copy - presented by the government last Thursday - which will be examined by the deputies in public session. Clearly, the plan on the tax shelter for retirees will return to the debate, and to the Chamber, from next week.