US EditionZucman Tax on Ultra-Rich People: What Are Sébastien Lecornu's Trading Margins?
4 Articles
4 Articles
In order to feed the state funds and fight against abusive tax optimisation, several left-wing political parties want to set up the Zucman tax. Its principle is to tax 2% on the assets, including professional assets, of French people who own more than 100 million euros. This irritates employers. In total, 1,800 tax homes are concerned. Is this measure constitutional? How much would it bring? (Economy).
Sébastien Lecornu continues his consultations with the social partners today before meeting the representatives of the left-wing political parties, the PS in particular has to go to Matignon on Wednesday 17 September. Objective: to try to find a compromise on a budget text. One of the challenges is the Zucman tax on ultra-rich people which causes debates between the left and the right. A major puzzle for the new French Prime Minister.
Applying the Zucman tax would increase tax resources by 20 billion euros. A very strong contribution, therefore, to the reduction of deficits.
It promises 20 billion euros a year thanks to this tax. The Zucman tax, named after the economy Gabriel Zucman, is a kind of tax floor on the wealthiest wealth. The idea is defended by the left as a whole but criticized by the right and part of the center. After the appointment of Sébastien Lecornu as Prime Minister, it nevertheless returns to the discussions, while the state is desperately lacking public revenues. But what is this taxation of t…
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