French Socialists threaten to topple government over wealth tax

Financial TimesFriday, October 24, 2025 at 11:20:46 AM
French Socialists threaten to topple government over wealth tax
The French Socialists, led by Olivier Faure, are putting pressure on the government by threatening a no-confidence vote unless Prime Minister takes action to increase taxes on the wealthiest citizens. This situation is significant as it highlights the growing tensions within the French political landscape regarding wealth distribution and fiscal responsibility, potentially leading to a major shift in government stability.
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