Taxation and its negative impact on business investment activities
Gabriel A. Giménez Roche, November 2015
In its latest study, the Institut économique Molinari shows that corporate taxation continues to slow down economic recovery in France despite the CICE, a programme meant to encourage competitiveness and employment. The first half of 2015 saw a 48% drop in corporate income tax revenue. The decline is much sharper than the anticipated rebates. This suggests that the broadening of the tax base expected under the rebate programme is not really occurring and that economic recovery is slow in coming.