US EditionA Tool Used in Times of War and Crisis: What Is This Forced Loan that Taxpayers Would Be Forced to Contract to Help the State to Desist?
4 Articles
4 Articles
While socialist senators propose a compulsory loan targeting the 20,000 richest households to raise up to 6 billion euros in order to correct the public accounts, the government does not completely rule out this exceptional measure — a forced loan that, although repaid...
The measure, put on the table by the socialist senators and which would concern about 20,000 wealthy households, could interest Prime Minister Sébastien Lecornu. But the Minister of Economy opposed it this Wednesday.
Several socialist amendments to the finance bill for 2026 propose to introduce compulsory borrowing at zero rates for about 20,000 of the most affluent taxpayers.
With this amendment to the finance bill, PS senators want to create a forced loan, like what Pierre Mauroy had done in 1983. His expected return is 6 billion euros.
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