Tuesday, the Constitutional Council judged that the shared initiative referendum carried by the left did not fulfill “the constitutional and organic conditions” to be implemented.
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The left has just lost its last hope of folding the government on the taxation of superprofits. Tuesday, October 25, the Constitutional Council judged that its shared initiative referendum (RIP) did not fulfill “the constitutional and organic conditions” to be implemented. On September 21, the new Ecological and Social People’s Popular Union (Nuts) had presented a bill, signed by 240 Parliamentarians of the Senate and the National Assembly, aimed at establishing for a given period a surcharge on large companies that would have benefited cyclical events, such as the war in Ukraine, having caused an increase in energy prices; The COVVI-19 pandemic, which prompted the State to inject billions of euros in liquidity into the economy; or inflation. The Constitutional Council was a first step. A citizen consultation had to follow, with the idea of collecting at least 4.7 million supports, a necessary condition to hope for a possible referendum.
“We are going to continue to fight the battle,” said the national secretary of the Socialist Party, Olivier Faure, at the origin of this idea, launched, at the end of August, to the summer universities of Blois, and then resumed With enthusiasm by its Nutples partners, France rebellious in mind. For his part, the deputy “rebellious” Eric Coquerel, interviewed by the agency France-Presse, said that he did not understand this decision. “The capitalist annuity is well protected,” he added.
The Constitutional Council killed this flagship project of the Nutpus in the egg. He did not consider that this surcharge constituted a “reform relating to economic policy”, as required by the legislative system. The government, also questioned by the Constitutional Council, recalled that a tax reform was a finance law. However, a RIP cannot bypass this prerogative of the Parliament. At the Socialist Party, we let the lawyers have been consulted. Even if the opinions diverged on the subject, the initiative was likely to pass. In terms of RIP, case law remains light. Only the one that saves the privatization of Paris airports (ADP) received the green light from the Constitutional Council. Another on the public hospital has been found.
balance of power with the executive
The clip, it, made a parallel between this surcharge and the exceptional contribution set up, in 1916, to “finance the war effort”. Was notably targeted totaling, whose profit jumped 122 % in the first half, the pharmaceutical group Sanofi (338 % of results in three years) or the CMA-CGM shipowner (15 billion euros in profits just at the first semester). If it had come to an end, the measure would have received all large companies, in food, energy, transport or finance, whose turnover exceeded 750 million euros, and whose profits would have crû of more than 25 % compared to those made between 2017 and 2019.
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