New French PM rules out wealth tax, casting doubt on support from the left

France 24Friday, September 26, 2025 at 5:31:40 PM
New French PM rules out wealth tax, casting doubt on support from the left
France's new Prime Minister Sébastien Lecornu has stirred controversy by ruling out a wealth tax and refusing to suspend an unpopular pension reform. This decision has angered left-wing parties, which may be crucial for his government to secure budget approval and maintain stability. The implications of his stance could lead to increased political tension and challenges in governance, highlighting the delicate balance he must strike to keep his administration afloat.
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