Overview

• Gérard Larcher said the 2% minimum levy on fortunes above €100 million is an “illusion,” argued it would fail before the Constitutional Council, and cited jurisprudence against forcing asset sales to pay tax.
• Raphaël Glucksmann called the measure the base of any non‑censure agreement, and Socialist leader Boris Vallaud declared the tax fundamental, pointing to broad public support.
• Gabriel Zucman renewed his push in an interview, insisting the proposal must be addressed as Sébastien Lecornu seeks left‑wing tolerance for his new government.
• The plan targets about 1,800 households, with supporters projecting up to €20 billion in annual revenue and other economists estimating yields closer to €5 billion.
• Passage remains uncertain after the Senate’s June rejection and the government’s July refusal in favor of a 20% minimum on top earners, with critics warning of legal vulnerabilities and cash‑flow strains for founders holding illiquid shares.