Given the state of our public finances, control of expenditure is not enough, so we must address the revenue side, but there are niches!

To say much of niches, our canine friends must ask themselves why their teachers as interested in their habitat, so true is it that makes it both ways under the term.

16 loopholes in the tax trap alone half the cost for public finances, a colossal sum of about 61 billion, above the national education budget. But what are those most frequently economic utility.

Thus, he goes for the two most expensive devices: reduced VAT for maintenance in housing, which supports the construction industry and the research tax credit that helps innovation.

Side households: half the cost of tax loopholes concerns tax cuts on income. It includes the premium for employment, the benefits of life insurance or the tax cut for working as employees at home.

Suffice to say that these niches are very popular among the French! In addition, certain devices have become political symbols untouchable, like reduced VAT in restaurants. Finally, addressing the benefits of retired not straightforward!

To avoid the worst abuses – some taxpayers paying more tax because of all these devices – the Parliament capped niches end of 2008. He then reduced that limit last year. A taxpayer can not reduce income taxes by using loopholes in the tax beyond an amount equal to 20 000 plus 8% of its taxable income. And almost all the devices are now individually capped. Including niches overseas.

But reducing the niche 2 billion per year is a task far more difficult.
Two competing options. Gilles Carrez, the UMP rapporteur of the Finance Committee in Parliament, hopes all planing devices 5% to 10%. The rate of tax reduction for the employment of an employee at home happen for example 50% to 45%. Bercy wishes to address the niches with the least sense.

Elysee Matignon and the referee did not, but it remains doubtful about the heterogeneity of what is called “niche tax. Is this a way to trivialize the real abuse?

The lender agrees to a number of issues with the site, such as the amount of time you will have money available for the loan, the interest that you wish to receive, etc. And finally involved borrowers who have to meet certain requirements, starting with a resident of the country in which the agent works, and perform a control which verifies information concerning your monthly income, mortgages, previous debts, etc. ., proving that it is reliable for the credit. Similarly, if you do not pay your debt, you perform a series of legal actions, like those carried out traditionally. Other companies also are dedicated to being middlemen are Prosper and Leading Case, U.S. And Zopa hopes that it extends this year to Spain, which currently is working. Apparently, the latter business is getting out round. In 2006 moved loans handled 12.5 million euros, and in 2007, amounted to 14 million euros.