Author: Paolo Gentili
Date: 30 April 2019
Topic: Action Institute
After the fire that struck Notre Dame on April 15, 2019, the decision of some French tycoons to make huge donations to rebuild the lost part of the cathedral sparked criticism from part of public opinion. For example, Philippe Martinez, general secretary of the CGT argued that the money from these donations should be used for “worthier” causes. Furthermore, the possibility of deducting donations from the tax return has made skeptical the most cynical people who have accused the donors of opportunism.
In this opinion, the Action Institute expert, Paolo Gentili, analyzes the motivations behind these reactions and explains how the French tax system is becoming increasingly stifling towards entrepreneurs.
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