How to Tax the Ultrarich ? Setting the Debate on the Floor Tax
Summary by Le Grand Continent
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In February, the National Assembly voted to create a floor tax for taxpayers with more than EUR 100 million in assets at a minimum tax of 2% of their wealth.5 Blocked for the time being by the Senate, this text should come back very quickly in the parliamentary debate.6 It is now clear that the taxation of ultra-rich people has a role to play in the resolution of France's budgetary equation, simply because of the masses involved: the wealth of t…
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