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French Socialist party to fight for wealth tax as it seeks to capitalise on crisis

The Guardian•Thursday, October 16, 2025 at 4:00:58 AM
PositiveWorld Affairs
French Socialist party to fight for wealth tax as it seeks to capitalise on crisis
The French Socialist party is gearing up to advocate for a wealth tax aimed at the country's wealthiest citizens, a move they believe could help raise essential revenue amid ongoing economic challenges. This initiative comes as the parliament prepares to debate next year's budget, and the party is strategically positioning itself while the prime minister faces a crucial no-confidence vote. This matters because it highlights the party's commitment to addressing economic inequality and could influence the political landscape in France as they seek to capitalize on the current crisis.
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