The French government has firmly restated its opposition to the Zucman tax targeting high patrimonies, including the version proposed by the Socialist Party if it affects professional patrimony. This stance signals the start of a showdown with the socialists over the 2026 budget and taxation, expected by the end of the week.
In the context of discussions on the 2026 budget, the French government has hammered its opposition to the Zucman tax on high patrimonies. This measure, inspired by proposals from economist Gabriel Zucman, aims to tax large fortunes but faces political resistance. The government explicitly rejects the modified version proposed by the Socialist Party (PS), stating: « if it touches professional patrimony ».
This disagreement foreshadows an intense showdown with the socialists, set to unfold by the end of the week on budgetary and fiscal issues. The negotiations concern the entire 2026 finance bill, amid tensions within the majority and opposition.
The government is led by Sébastien Lecornu, and these debates are part of an ongoing live update covering the latest information on the budget. Coverage is provided by journalists such as Anne Porquet, Minh Dréan, and Christophe Sales from the photo service.