By Leigh Thomas

PARIS (Reuters) -It’s the million dollar question that may decide the fate of French Prime Minister Sébastien Lecornu: how to tax France’s billionaires?

The Socialists want a 2% wealth tax on France’s 0.01% in the 2026 budget as the price for their support, making Lecornu’s political survival contingent on a measure that has massive public support but alienates his right-wing opponents.

Lecornu, a Macron loyalist who last week became France’s fifth prime minister in less than two years, is racing to draft a budget, which is due to be sent to lawmakers by October 7.

If it is included, the so-called “Zucman tax” would likely reshape France’s approach to wealth inequality and reignite fears of capital flight from a country that already has Europe’s biggest tax burden as a

See Full Page