"French lawmakers on Friday voted in favour of a new levy that would tax assets above the €1 billion threshold at 2%."

[skry@mastodon.social]

"French lawmakers on Friday voted in favour of a new levy that would tax assets above the €1 billion threshold at 2%."

"It would apply to anyone who is a tax resident in France or who has assets in France.

"The amendment, proposed by the far-left LFI party (France Unbowed), comes as France’s National Assembly debates next year’s state budget."

https://www.euronews.com/business/2024/10/25/french-lawmakers-vote-in-favour-of-new-tax-on-wealth-of-billionaires

#TaxTheRich

[octothorpe@mastodon.online]

@skry maybe I’m misunderstanding (can’t read the article rn)… but 2% seems… low??