Overview
- Lawmakers are weighing the original plan for a 2% minimum tax on net wealth above €100 million alongside a Socialist fallback at 3% from €10 million that exempts innovative and family-owned firms.
- The government and centre-right oppose any levy touching professional or business assets, and the prime minister is expected in the chamber for the high-stakes session.
- PS leader Olivier Faure says the measure is unlikely to pass today as talks continue on alternative tools to raise comparable revenue from top fortunes.
- With a fragmented Assembly, the RN and LR oppose the tax and parts of the left criticize the 'light' version, leaving no clear majority for either proposal.
- The timetable for voting the receipts section has slipped to mid-November, revenue estimates remain disputed—PS 'light' put at €5–7 billion—and polling shows broad public support for taxing the ultra-wealthy.