Despite an alarming rise in France’s 2009 Social Security deficit, Budget Minister Eric Woerth has firmly ruled out the possibility of any tax increases, including any increase in social contributions.
Eager to maintain the general deficit for 2009 at between EUR17bn and EUR18bn, Eric Woerth has nevertheless confirmed the government’s intention not to raise taxes or social charges in order to do so. Consequently, both the general social charge, the CSG or “contribution sociale généralisée”, and the tax to provide resources for the repayment of France’s social debt, the CRDS or “contribution pour le remboursement de la dette sociale” will, according to the Budget Minister, remain unchanged.
The Budget Minister has, however, reaffirmed his intention to work towards improving the organisation of the system itself, instead.
In the longer term, Eric Woerth has not ruled out the introduction of a points system for retirement.
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