Overview
- The Socialist plan proposes a 3% levy on fortunes above €10 million, excluding innovative and family businesses.
- Party estimates put expected receipts at roughly €5–7 billion, far below revenue projected for Gabriel Zucman’s original G20‑inspired model.
- The government has restated its opposition to any Zucman tax, with spokeswoman Maud Bregeon rejecting even the pared‑down version.
- Socialist leaders have threatened a motion of censure if high‑wealth taxes are rejected, raising the stakes for Prime Minister Sébastien Lecornu.
- Greens and LFI criticize the proposal as too diluted, and the tight budget calendar has slipped with the first‑part vote reportedly set to move back by about ten days.