French Lawmakers Reject Wealth Tax Proposals for Budget
TL;DR
French lawmakers rejected proposals for a wealth tax on the ultra-rich, instead approving a diluted tax on assets in holding companies, amid political divisions and concerns over economic impact, with the government also considering lifting a freeze on pensions and welfare benefits for 2026.
- French lawmakers reject wealth tax on ultra-rich Reuters
- France’s finance minister on how to pass a budget The Economist
- France's National Assembly rejects proposals for taxing the ultra-wealthy France 24
- French National Assembly Rejects Wealth Tax Proposals for Budget Bloomberg
- French Socialists will climb down on wealth tax, says François Hollande Financial Times
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