Politics Economy Country 2025-10-31T19:16:00+00:00

French Parliament Rejects Wealth Tax

French lawmakers rejected proposals for a wealth tax on the ultra-rich, backed by economist Gabriel Zucman. The decision sparked debates on social justice.


French Parliament Rejects Wealth Tax

Members of the French parliament rejected on Friday multiple proposals to impose a wealth tax on the ultra-rich, as advocated by French economist Gabriel Zucman.

The rejection of these proposals marks a significant event in France's economic policy. Economists and public figures continue to debate the need to tax large fortunes to reduce social inequality.

Gabriel Zucman, known for his research on global taxation, has been a vocal advocate for such a tax, arguing that it is an effective tool for redistributing income.

"Rejecting the wealth tax is a missed opportunity for justice," Zucman stated in an interview.