The Contribution to the reimbursement of the social debt (CRDS) will be extended until 2033, when it was shut down in 2024.
The bill is in the pipes of government, according to the daily newspaper Les Echos. The CRDS was established in 1996 to assist in the repayment of the liabilities of the social security, and feed the Cades, the fund amortisation of the social debt. This tax originally was expected to last 13 years has already been extended on two occasions, and hopes to see it disappear in two years, therefore, are in the process of collapsing.
0.5% on all income
If the sampling rate of the CRDS, 0.5%, has not changed since its creation, this contribution has the particularity to cover all income : business, property, capital, retirement, but also unemployment benefits, family benefits, housing subsidies, or sale of precious metals and objects of art It is not deductible from the income tax.
The CRDS reports the 6.8 billion euros per year (turnover 2016), to pass the famous hole of social security. The deficit of the “safely” has been heavily dug by the crisis of the sars coronavirus.
“Never before seen “, was estimated as of the end of the month of April, Gérald Darmanin before the Senate. The minister of the Action and of the public accounts subsequently brought a deficit of 41 billion euros in 2020, against an initial forecast of 5.4 billion euros. In 2019, the general plan and the old age solidarity fund amounted to a deficit of “only” € 1.9 billion.
Author(s): FranceSoir
