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French Government Says It Opposes Socialist Wealth Tax Proposal

Summary by Bloomberg
France’s government remains opposed to a wealth tax put forward by the left even as Socialists maintain their threat to topple Prime Minister Sebastien Lecornu if there is no significant increase in levies on the rich.

11 Articles

Lean Left

The government spokesman, Maud Bregeon, and the leader of the RN MPs, Marine Le Pen, are today opposed to the minimum tax on high assets, whether in its normal or "light" version.

·Paris, France
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Lean Left

In a letter dated Monday, October 27, the managers of unemployment insurance ask Prime Minister Sébastien Lecornu that the levy on the plan's finances be reduced to €2.8 billion in 2026, which is 1.3 billion less than expected.

·Paris, France
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Lean Left

While the idea of imposing the very great fortunes sows discord, the Socialist Party pushes a lighter version of the Zucman tax to try to get an agreement with the majority and avoid a new crisis...

Lean Left

In the midst of discussions in the National Assembly on the revenue side, the Socialists argue for an alternative version, i.e. a minimum tax of 3% on high-value assets, starting at EUR 10 million, excluding innovative and family businesses.

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Bias Distribution

  • 72% of the sources lean Left
72% Left

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lindependant.fr broke the news in on Monday, October 27, 2025.
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