A left-wing bloc made up of the Socialist, Communist, Green parties and the hard-left France Unbowed had proposed a minimum 2 per cent tax on wealth over €100 million (S$150 million), dubbed the “Zucman tax” after the French economist who devised it.
Mr Lecornu expressed his “profound disagreement” with the wealth-tax proposal, insisting there was no such thing as a “miracle tax”.
“Wealthy politicians vote to not tax themselves with a nod to their rich friends in the private sector.”
Not even rich politicians, the proposed threshold in first proposal was 200 millions of net worth, where you would pay less than 2% of your net worth in tax thanks to multiple loopholes.
Definitely richer than average politicians