Archive · 3 Oct 2025

French PM Proposes Wealth Tax to Resolve Budget Impasse

French PM Proposes Wealth Tax to Resolve Budget Impasse

The French Prime Minister is trying to make a new budget for the country.

To do this, he's trying to get other parties to agree.

He proposed a tax on rich people's money to help.

He also promised not to use a special rule that lets him pass laws without a vote, which the opposition parties liked.

But the opposition parties don't think that is enough.

They want more changes.

Parliament is split so the Prime Minister needs to get help from his rivals to make the budget work.

So, they are discussing what the budget should include to try and work together.

Sources