French Socialists to push wealth tax after securing PM's pledge to suspend pension reform

France 24Wednesday, October 15, 2025 at 7:39:44 AM
French Socialists to push wealth tax after securing PM's pledge to suspend pension reform
The French Socialist Party is taking a significant step by advocating for a wealth tax, known as the 'Zucman tax,' aimed at the wealthiest citizens. This push comes right after Prime Minister Sébastien Lecornu's commitment to suspend a controversial pension reform, a move seen as crucial to avoid a no-confidence vote. This development is important as it highlights the ongoing political maneuvering in France and the Socialists' strategy to address economic inequality while responding to public discontent.
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