France's National Assembly rejects proposals for taxing the ultra-wealthy

France 24Friday, October 31, 2025 at 4:10:23 PM
France's National Assembly rejects proposals for taxing the ultra-wealthy
France's National Assembly recently turned down two significant proposals aimed at taxing the ultra-wealthy, which has sparked disappointment among advocates for economic equality. The rejected ideas included a 2 percent tax on assets exceeding €100 million proposed by economist Gabriel Zucman and a 3 percent tax on assets over €10 million from the Socialist Party. This decision is crucial as it reflects the ongoing struggle to address wealth inequality in France, raising questions about the government's commitment to fair taxation.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
‘The rainbow of colours reminded me of my childhood’: Guillaume Lavrut’s best phone picture
PositiveWorld Affairs
Guillaume Lavrut captured a stunning photo of colorful umbrellas while on holiday in his hometown of Aurillac, France. This picturesque moment not only reflects his fond childhood memories but also highlights Aurillac's unique charm as the umbrella capital of Europe. The image serves as a reminder of the beauty found in everyday moments and the joy of family adventures.
Poor Nicolas Sarkozy. His hardline views on crime and punishment have come back to bite him
NegativeWorld Affairs
Nicolas Sarkozy's strict stance on crime and punishment is now facing scrutiny as his past policies come back to haunt him. The former French president, known for advocating a zero-tolerance approach, is under fire for the implications of his penal system, especially in light of tragic events like the 2005 incident in Clichy-sous-Bois. This matters because it highlights the long-term consequences of political decisions on society and raises questions about justice and accountability in France.
Hand of Moscow? The men jailed for vandalism in French hybrid warfare case
NegativeWorld Affairs
Three Bulgarians have been sentenced to prison for vandalizing France's Holocaust Memorial by painting red hands on it, an act believed to be part of a Russian strategy of destabilization. This incident highlights the ongoing tensions and the use of cultural symbols in geopolitical conflicts, raising concerns about the impact of such actions on historical memory and international relations.
France hit by second major heist as thieves target gold refinery
NegativeWorld Affairs
France has experienced a significant setback as thieves executed a daring heist at a precious metals refinery, stealing €12 million worth of gold. This incident not only raises concerns about security in the region but also highlights the increasing boldness of criminal activities targeting valuable resources. Such events can have a ripple effect on the economy and public safety, making it a matter of concern for both authorities and citizens.
Tchéky Karyo, star of Nikita and The Missing, dies at 72
NegativeWorld Affairs
Tchéky Karyo, the beloved French actor known for his memorable roles in 'Nikita' and 'The Missing,' has passed away at the age of 72. His career spanned nearly four decades, during which he captivated audiences with his talent and charisma. Karyo's contributions to cinema and television have left a lasting impact, making his loss felt deeply in the entertainment community.
Cyclist tumbles down ravine in France, survives on wine he had in his bag
PositiveWorld Affairs
A cyclist in France experienced a harrowing ordeal after tumbling down a ravine and surviving for three days by drinking wine he had in his bag. Despite his desperate cries for help, he was unable to attract the attention of passersby. This remarkable story highlights not only the resilience of the human spirit but also the unexpected ways people can survive in dire situations.
Peter Watkins, Oscar-winning director of The War Game, dies aged 90
NegativeWorld Affairs
Peter Watkins, the influential British director known for his Oscar-winning film The War Game, has passed away at the age of 90. His work, which often challenged societal norms and sparked controversy, particularly with the BBC over its depiction of nuclear war, has left a lasting impact on the film industry. Watkins spent the last 25 years of his life in France, where he continued to inspire filmmakers and audiences alike. His death marks the end of an era for radical cinema, reminding us of the power of film to provoke thought and discussion.
Inside the Low-Tech Heist That Penetrated the Louvre
PositiveWorld Affairs
In a surprising turn of events, the recent heist at the Louvre, where France's crown jewels were stolen, has led to the swift identification of three suspects. The thieves made critical mistakes during their operation, allowing authorities to track them down more easily. This incident not only highlights the vulnerabilities in security at one of the world's most famous museums but also showcases the effectiveness of law enforcement in responding to such high-profile crimes.
Latest from World Affairs
Hungary’s anti-Ukraine alliance proposal gets support in EU nation
NegativeWorld Affairs
Hungary's proposal for an anti-Ukraine alliance has gained traction among some EU nations, particularly with support from Slovakia's ruling Smer party. This development raises concerns about unity within the EU and the potential for increased tensions regarding Ukraine. The deputy head of Smer criticized the current EU stance, calling for a collective response against what he termed 'collective madness.' This situation is significant as it reflects growing divisions within Europe over the Ukraine conflict and could impact future EU policies.
Burnley v Arsenal, Nottingham Forest v Manchester United, and more: football – live
NeutralWorld Affairs
Today's football matches feature exciting matchups including Burnley against Arsenal and Nottingham Forest facing Manchester United. Fans are eagerly following the live updates as teams battle for crucial points in the league. The atmosphere is electric, and with key players like Sam Kerr shining for Chelsea, every moment counts. This is a significant day for football enthusiasts as they witness the unfolding drama and competition.
England v Australia: Autumn Nations Series rugby union – live
NeutralWorld Affairs
The Autumn Nations Series rugby match between England and Australia is set to kick off at Twickenham, drawing attention from fans and sports enthusiasts alike. This event is significant as it showcases two of the strongest teams in rugby, providing an opportunity for players to shine and for fans to enjoy high-stakes competition. Former England prop Joe Marler's recent popularity on the Celebrity Traitors adds an interesting twist to the rugby narrative, sparking discussions about player personalities beyond the field.
Thousands of Serbians commemorate anniversary of deadly station collapse – video
PositiveWorld Affairs
In Novi Sad, Serbia, tens of thousands gathered to mark the one-year anniversary of a tragic railway station roof collapse that claimed 16 lives. A poignant 16-minute silence was observed at the exact time of the disaster, reflecting the community's deep sorrow. This event not only honors the victims but also highlights the ongoing fight against political corruption, as the incident sparked widespread protests across the nation. It serves as a reminder of the importance of accountability and safety in public infrastructure.
Police charge 11 after cannabis worth nearly £14m seized at Birmingham airport
PositiveWorld Affairs
In a significant crackdown on drug smuggling, police have charged 11 individuals after seizing over half a ton of cannabis at Birmingham airport, valued at nearly £14 million. The operation, which involved 22 suitcases arriving from Thailand, highlights the ongoing efforts of law enforcement to combat drug trafficking. This seizure not only prevents a large quantity of illegal drugs from hitting the streets but also underscores the importance of vigilance at airports in maintaining public safety.
Canada’s Carney says he apologised to Trump over Reagan anti-tariff ad
NegativeWorld Affairs
In a surprising turn of events, Canadian Prime Minister Mark Carney has publicly apologized to Donald Trump over an anti-tariff advertisement featuring Ronald Reagan that Trump found offensive. This incident has escalated tensions between the two nations, leading to Trump halting trade negotiations with Canada. The apology highlights the delicate nature of international relations and the impact of political messaging on trade discussions, which are crucial for both economies.