France's Wealth Tax Debate: Striking a Balance
Published on: Oct. 31, 2025, 11:59 p.m. | Source: Devdiscourse
French lawmakers rejected a wealth tax on ultra-rich individuals, opting for a milder tax on assets held in non-business holding companies. This decision was met with resistance from leftist legislators. Prime Minister Lecornu faces challenges in passing his budget without this measure, amidst potential no-confidence votes.
