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Euronews
Euronews
Gregoire Lory

France's Zucman tax: Will taxing the ultra rich really help to balance the budget?

It's a subject that has caused a stir in French politics: the so-called Zucman tax.

The proposal involves levying a minimum 2% tax on top of regular income tax on individuals who have assets of more than €100 million. In France, this new tax rate would apply to roughly 1,800 people.

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