Comment L’État Va Vous Voler 5,7 Milliards En Douceur

Summary

The video discusses a potential 'blank year' in 2026, where the French government freezes pension increases, social benefits, and the income tax scale to save 5.7 billion euros. While this may benefit the state, it negatively impacts retirees, low-income families, and taxpayers. The video emphasizes the growing financial burden on citizens and encourages viewers to take control of their financial future by investing in passive income, such as ETFs and bonds, to prepare for retirement and safeguard against the state's economic instability.

Takeaways

• 😀 A 'blank year' could mean no increases in pensions, social security benefits, or income tax rates for 2026, potentially harming citizens' purchasing power.
• 😀 The French government could save 5.7 billion euros from freezing pensions, social benefits, and income tax rates, benefiting the state but negatively impacting vulnerable groups.
• 😀 Inflation of 1.3% without corresponding increases in pensions or social benefits will decrease the purchasing power of retirees, families, and low-income households.
• 😀 Retirees who depend solely on the state could see a decrease in their standard of living due to the freeze on pensions and the potential removal of tax reductions.
• 😀 The freeze on social benefits and the tax scale, as well as potential VAT increases, will disproportionately affect lower-income households and retirees.
• 😀 The French state is in a difficult budgetary situation with a rising debt, which is becoming unsustainable, leading to pressure from creditors.
• 😀 The government's inability to reduce expenses, like in sectors such as culture or subsidies, means that the general population is being asked to shoulder more financial burden.
• 😀 The state aims to protect its financial stability, but its policies, such as the blank year, may further strain those already vulnerable.
• 😀 To avoid dependency on the state, individuals should consider building passive income through investments like ETFs, bonds, and diversifying their financial portfolios.
• 😀 Taking charge of one's retirement planning and diversifying investments (such as through ETFs and bonds) is essential for financial security in the face of state-driven freezes and cuts.

Q & A

What is a 'blank year' as described in the video?

A 'blank year' refers to a year in which the government freezes pension increases, social benefits, and income tax scale adjustments. This means no increases despite inflation, which impacts the purchasing power of individuals.

How does the 'blank year' affect retirees and low-income households?

Retirees and low-income households face a decline in purchasing power because inflation continues, but their benefits and pensions are not adjusted. For example, a pensioner could lose €200 in purchasing power if inflation is 1.3%.

Why does the French government consider a 'blank year' beneficial?

The government sees a 'blank year' as a way to save money without implementing reforms. It would save approximately 5.7 billion euros by freezing pensions, tax scales, and social benefits, helping to reduce the fiscal deficit.

How will the French state benefit financially from the 'blank year'?

The state will save 5.7 billion euros. This includes 3 billion from freezing pension increases, 1.4 billion from not adjusting the income tax scale, and 1.3 billion from freezing social benefits.

What are the consequences of freezing the income tax scale during a 'blank year'?

By freezing the income tax scale, people whose salaries increase with inflation will end up paying more in taxes, as their income will be taxed at higher rates even though it only kept up with inflation.

How will an increase in VAT impact low-income households?

An increase in VAT would disproportionately affect low-income households because they spend a larger share of their income on consumption, making them more sensitive to higher prices. For example, a modest couple earning €1,800 per month could face an additional €180 in VAT taxes annually.

What is the potential impact of removing the 10% tax deduction for retirees?

Removing the 10% tax deduction would cause millions of retirees to pay income tax for the first time, resulting in additional taxes for those with modest incomes, potentially adding €200 to €400 in taxes depending on their income bracket.

Why is the French state in a budgetary crisis?

France is facing a budgetary crisis due to a debt exceeding 110% of GDP, with a growing deficit above 5%. The state’s debt continues to rise, and there are concerns that it may become unsustainable, risking a downgrade by agencies like Fitch and Moody’s.

What are the four practical steps the video suggests for protecting one's finances?

The four steps include: 1) Creating passive income through ETFs, 2) Buying bonds, 3) Diversifying investments out of euros, and 4) Preparing for retirement independently from the state pension system.

How does the video suggest preparing for retirement outside the state system?

The video encourages investing in ETFs (both US and European) that focus on dividend-paying companies, buying bonds with high yields, and diversifying assets into currencies other than euros, such as US dollars or Swiss francs, to ensure a stable financial future.