Overview

• Prime Minister Sébastien Lecornu said the levy will not appear in the government's initial proposal that will be submitted to lawmakers.
• He ruled out taxing professional assets, citing risks to jobs, investment and competitiveness, and referenced estimates from the Conseil d’analyse économique of under €5 billion in yield.
• He promised adjustments to improve tax fairness within the existing system, saying some taxes will rise and others fall, with Parliament making the final decisions.
• The Zucman plan under debate would set a 2% minimum effective charge on net wealth above €100 million through a differential contribution affecting about 1,800 households.
• Unresolved issues include constitutionality and valuation of non‑listed holdings such as startup shares, with ideas for in‑kind payments and warnings from entrepreneurs about potential forced share sales.