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Budget 2027: The National Assembly Rejects the Zucman Tax on the Greatest Fortunes

Summary by Sud Ouest
MEPs rejected several proposals from the left to introduce a minimum tax on the wealth of the ultrarich and to re-establish the solidarity tax on wealth.

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Center

The left-wing parties had tabled several amendments aimed at introducing a minimum tax under the 2027 budget. They were all rejected this Friday by the National Assembly. - Budget 2027: the deputies reject the Zucman tax wanted by the left (Policy).

Center

Inspired by the work of economist Gabriel Zucman, this tax aims to ensure that the some 1,800 most wealthy tax homes pay at least 2% of their net assets each year, taking into account the taxes already paid. Unlike the old solidarity tax on wealth (ISF), which was abolished in 2018 and replaced by a real estate tax (IFI), it would take into account, inter alia, the interests held in companies, which constitute a significant part of the assets of…

·Issy-les-Moulineaux, France
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Center

MEPs rejected several proposals from the left to introduce a minimum tax on the wealth of the ultrarich and to re-establish the solidarity tax on wealth.

·France
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A budgetary debate has turned to the settlement of political accounts. On Friday, the deputies rejected several left-wing proposals on taxation... The article The Assembly is tearing up on the tax of billionaires appeared first on Le Singulier.

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Sud Ouest broke the news in France on Friday, October 16, 2026.
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