French lawmakers reject wealth tax proposal on ultra-rich

October 31, 2025 12:48 PM EDT

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. R

PARIS (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.

(Reporting by Leigh Thomas, Editing by Dominique Vidalon)



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