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French lawmakers haggle over tax on ultra-rich

Haitian Globe
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October 31, 2025
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French lawmakers haggle over tax on ultra-rich

As France's parliament enters the final days of trying to agree on a belt-tightening budget for 2026, lawmakers are voting Friday on a wealth tax that left-wingers say will help reduce the country’s €44 billion debt pile and budget deficit. The government, meanwhile, is defending an alternative to such a broad levy on the ultra-rich.

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