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The Guardian - UK
The Guardian - UK
World
Angelique Chrisafis in Paris

French Socialist party to fight for wealth tax as it seeks to capitalise on crisis

Boris Vallaud  pointing finger
Boris Vallaud addressing parliament on Wednesday. The Socialist party says it will not join the other opposition parties in attempting to topple the government. Photograph: Gonzalo Fuentes/Reuters

The French Socialist party says it will fight to introduce a flagship wealth tax to raise revenue by targeting France’s richest people, as the divided parliament prepares to begin debating next year’s budget.

Boris Vallaud, the head of the Socialist party grouping in parliament, said on Wednesday that taxing very high-wealth individuals in France was “one of our principal battles and we’re going to put all our energy into it”.

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