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Headlines

French lawmakers reject wealth tax proposal on ultra-rich

Published by Global Banking and Finance Review

Posted on October 31, 2025

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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)