French lawmakers reject wealth tax proposal on ultra-rich

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#Debt
#Fixed Income Markets
#Europe
#Middle East and Africa
#European Union
#Euro Zone
#Government Finances
#International Agencies
#Treaty Groups
#Monetary
#Fiscal Policy
#Policy Makers
#government
#Politics
#Taxation
#Elections
#Voting
#Western Europe

Conference on proposals for taxing the ultra-rich at the National Assembly in Paris

French economist Gabriel Zucman attends a debate "Taxing the Wealth of the Super-Rich : for Tax Justice and Economic Efficiency" at the invitation of the National Assembly's finance commission, at the National Assembly in Paris, France, October 1, 2025. REUTERS/Sarah Meyssonnier

Source: REUTERS

Lawmakers in France's lower house rejected on Friday multiple proposals for a wealth tax on ultra-rich as promoted by French economist Gabriel Zucman, who had called for a 2% tax on assets over 100 million euros.

This article was produced by Reuters news agency. It has not been edited by Global South World.

By Reuters

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