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French Socialists pledge tax hikes on super rich if they take power

Olivier Faure leads the Socialist Party's opposition to Prime Minister Bayrou to regain government influence after past electoral defeats, with 66 parliamentary seats won under his leadership.

Summary
France's Socialist Party said on Thursday it will raise taxes on the super rich and reject austerity if it takes the reins of power after the expected fall of Prime Minister Francois Bayrou next week. Opposition parties have said they will vote against Bayrou in a confidence vote on Monday which he called as he seeks to push through unpopular plans for a budget squeeze in 2026.

15 Articles

Lean Right

The Prime Minister, François Bayrou, next Monday faces a vote of confidence in the National Assembly.The opposition – left and far-right – pushes the fall of the head of government.The keys to the power dispute.

·Buenos Aires, Argentina
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Center

The current political crisis gives the Socialist Party a central place, removed from the archanes of power for many years. While the government of François Bayrou should fall next Monday, the Rose Party says it is ready to replace it in Matignon. If the appointment of a Socialist Prime Minister would be a surprise, behind the scenes, it is a matter of negotiating a government agreement and non-censorship. - The Socialist Party at the heart of al…

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Bias Distribution

  • 42% of the sources lean Right
42% Right

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brusselssignal.eu broke the news in Belgium on Wednesday, September 3, 2025.
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