Bernard Arnault ne veut pas que ses actionnaires gagnent un peu moins d’argent

Robin.

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00:00What's wrong, Bernard?

00:01So, when we come to France and we see that we're about to increase taxes by 40%

00:06on companies that manufacture in France,

00:09So it's not an increase for companies that manufacture in France,

00:12but for French companies that have a turnover of more than 1 billion euros,

00:16it's an increase of 20%, not 40%, and it's for a maximum duration of 2 years.

00:20So we're going to tax Made in France.

00:23No, we're going to tax billionaire companies.

00:26To push for delocalization, it's ideal.

00:29But Bernard, you didn't wait for a surtax to delocalize, let's be honest.

00:33The Kenzo and Givenchy suits are made in Eastern Europe,

00:36Celine handbags are made in China,

00:38Dior handbags are made in Italy by Chinese employees who are paid 500 bucks.

00:43So stop.

00:44So I don't know if that's really the government's goal,

00:46but in any case, it's going to reach it.

00:48Is it a threat?

00:49We feel like in the USA, we're welcoming you with open arms.

00:53Taxes will drop by 15%.

00:56The workshops that can be built in the USA

00:59are subsidized in a whole series of states,

01:02and the American president encourages that.

01:04It's true that you've never received a subsidy from the French government.

01:08It's not thanks to the state that you were able to become the head of the Boussac group in 1984.

01:13It's not thanks to public subsidies that you were able to acquire Dior a little later.

01:17You didn't have a tax cut on companies like everyone else in 2017 when Macron lowered them.

01:22And well, after all, it's not public notoriety

01:24that you've been frauding taxes for years in total indifference.

01:28While there are other solutions.

01:29They were offered other solutions.

01:30Oh yeah? Like what?

01:32Like forcing you to pay your taxes?

01:34Or grabbing the billions you're hiding in tax havens?

01:37Or stopping distributing 200 billion euros of aid to companies

01:40without employment conditions in France?

01:42Obviously, the bureaucracy.

01:44You mean the same bureaucracy that allows LVMH

01:46to obtain more than 500 million euros of tax exemptions

01:49thanks to the Louis Vuitton Foundation?

01:51Or the bureaucracy that financed part of this Louis Vuitton Foundation in Paris?

01:55Or the one that closes its eyes on your fraud and your tax evasion?

01:58It would be necessary to do like in the United States,

02:00appoint someone to know a little about the bureaucracy.

02:02Yes, well, there it would be especially necessary for someone to note

02:04that Bernard Arnault is crying

02:05because the LVMH group will have to pay

02:07about 700 million euros of tax in addition this year, exceptionally.

02:12While every year he distributes almost 2 billion euros to his shareholders,

02:15that his personal fortune has quadrupled since 2017

02:17by going from 47 to almost 200 billion today

02:21and that he has more than 200 subsidiaries in tax havens.

02:24But yes, we are going to cry.

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