France: Zucman Tax, Intended to Tax Billionaires, in Danger in the Senate
23 Articles
23 Articles
Plebiscite by the left and adopted by the National Assembly, the tax floor on the heritage of the "ultrarich" did not convince the senators on Thursday, June 12.
Before the Zucman tax was rejected in the Senate on Thursday 12 June, the governor of the Banque de France had expressed reservations about its usefulness, and in particular about the economic consequences for "the most beautiful French companies".
According to a scenario written in advance, in order to avoid censorship during the vote on the next finance law, it will be necessary, as last year, to monetize the cooperation of the socialists.
Adopted in February by the MPs, this tax has been ruled out by the senators. Left-wing parties can relaunch the examination of the text as part of one of their parliamentary niches. The government, on the other hand, is working on a much more limited project.
The tax, which targets ultra-rich people, is examined from this Thursday in the Senate, after being adopted by the Assembly a few months ago.
The "ultra-rich" wealth tax - the "Zucman tax" - is coming to the Senate this Thursday. It was adopted last February in the National Assembly. - Adopted by the Assembly, will the "Zucman tax" on ultra-rich people pass the test of the Senate? (Policy).
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- 38% of the sources lean Left, 38% of the sources lean Right
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