French Wealth Tax Proposed by Socialists to Save Prime Minister

French Wealth Tax Proposed by Socialists to Save Prime Minister



French Wealth Tax Proposed by Socialists to Save Prime Minister

France’s Socialist Party tabled a narrower version of its wealth tax proposal as a possible compromise in a budget debate that risks toppling the fragile minority government of Prime Minister Sebastien Lecornu.

The center-left party added an amendment to the 2026 budget bill that would create a modified version of a broad-based levy they have long advocated, named after the economist Gabriel Zucman.


www.bloomberg.com
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