the possibility of taxation beyond the ceiling

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What if the State taxed certain savings accounts? The Court of Auditors recommends capping A savings accounts and sustainable development savings accounts (LDDS), both at 19,125 euros, and taxing interest once this ceiling is exceeded.

Patrice and Anne have each completed their A savings accounts. But the couple needs to use their short-term investments. “If that happens, I would like them to tell us directly how they want to use this money.“, explains Patrice.
Anne adds: “We always say that retired people save a lot and that they have their own house. But a house requires maintenance; we have 140,000 euros of work to do.”

Concretely, a person who has completed their booklet A would receive 325 euros in interest, taxed at 30%, or 97.50 euros. According to estimates, this measure could bring in 150 million euros for the State.

What would be the point of such a reform? For Philippe Crevel, director of the Circle of Savings, it would be a question of making better use of the savings of the French: “French savings are heavily invested in the short term, in regulatory savings. In total, it’s almost 800 billion euros. The idea is to redirect these savings towards the long term to better finance the economy, in particular SMEs and businesses.“

The specialist, however, underlines a risk: a potential drop in investments dedicated to social housing, largely financed by the sums deposited in the A savings accounts.