Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag France debates a 2% wealth tax on ultra-rich, backed by 86% of public, to raise €20B annually.

flag French economist Gabriel Zucman's proposed 2% annual wealth tax on households worth over €100 million has ignited national debate, gaining 86% public support and backing from the Socialist Party amid tense budget talks. flag The plan, aimed at raising €20 billion yearly, faces opposition from business leaders and some economists who warn of economic harm, though independent experts downplay such risks. flag Nobel laureates have urged France to lead global tax reform, citing low effective tax rates for billionaires. flag The discussion reflects growing international support for taxing the ultra-wealthy to address inequality and fund public needs.

4 Articles