Overview
- Lawmakers voted 228–172 to reject the left’s 2% minimum levy on fortunes of €100 million or more, inspired by economist Gabriel Zucman.
- A PS fallback—3% from €10 million excluding innovative start-ups and family businesses—also failed, 228–171.
- Rassemblement National, the centrist bloc and Les Républicains combined to block the measures, despite united backing from left-wing groups.
- Ministers warned the proposals risk constitutional invalidation because they include professional assets, and Prime Minister Sébastien Lecornu said there is no high‑yield tax that would pass review.
- Following the vote, the PS maintained censure threats as Lecornu moved to negotiate next steps, signaling support for unfreezing pensions and minimum social benefits in 2026.