Overview
- Deputies voted down the left’s 2% minimum tax on fortunes above €100 million by 228 to 172, then rejected the PS’s lighter version by 228 to 171.
- The PS compromise sought a 3% floor from €10 million while exempting innovative startups and family businesses, which the party estimated could raise €5–7 billion annually.
- The government argued both texts risked taxing professional assets and would likely be struck down by the Constitutional Council, citing an adverse opinion read in the chamber.
- Prime Minister Sébastien Lecornu attended the debate, dismissed the idea of a high-yield wealth levy that would pass constitutional review, and backed lifting planned freezes on pensions and minimum social benefits in 2026.
- Socialists demanded alternative measures such as changes to the Dutreil regime or a return of the wealth tax, negotiations continue across groups, and the broader budget work proceeds after the right also pared back a holdings measure.