Overview
- The National Assembly will examine the Parti socialiste’s “Zucman light” proposal on Friday, with its passage uncertain after resistance signaled in the finance committee.
- The plan would levy 3% on fortunes starting at €10 million with exemptions for innovative and family businesses, a take that PS lawmakers estimate at €5–7 billion.
- The government remains opposed to any Zucman-style levy, as its spokesperson reaffirmed a rejection of both the original and the lighter version.
- Other left-wing parties criticize the PS draft as too diluted, with EELV and LFI leaders arguing it would be ineffective.
- Vallaud frames the push as fiscal justice and says the PS could accept a government-devised alternative matching the revenue target to shield services like hospitals, as the party warns it could support a censure motion if taxes on high wealth are rejected.