France's lower house on Friday rejected two proposals for taxing the ultra-rich after earlier approving a new tax on assets kept in holding companies. A popular proposal from economist Gabriel Zucman called for a 2 percent tax on assets over €100 million while the Socialist Party was seeking a 3 percent tax on assets over €10 million, with broader exemptions.
Posted by mostanonymousnick
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Funnily enough it had passed earlier this year before getting yeeted in the Senate. I suspect other things in this overall dreadful budget will get yanked or modified in the Senate too.