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French MPs vote towards wealth tax, setting scene for extra political instability
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French MPs vote towards wealth tax, setting scene for extra political instability

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Last updated: November 3, 2025 9:51 am
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Published: November 3, 2025
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French PM Sébastien Lecornu’s second authorities could be hanging by a thread after France’s decrease home of parliament rejected a wealth tax, as anticipated. Proposed by the left, the so-called Zucman tax would have imposed a minimal 2 % levy on wealth of over €100 million and responded to widespread public assist for requiring the nation’s wealthiest to do their half in tackling France’s rising debt. Lawmakers nonetheless struggled to succeed in consensus on the matter, with the French left now warning the federal government to search out an alternate answer – or face one more no-confidence vote.  [/gpt3]

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