On 12 June 2025, the French Senate rejected a 2% wealth tax on the assets of the country's wealthiest citizens in a vote of 129 for and 188 against. As previously reported, the "Zucman tax", named after economist Gabriel Zucman, would target individuals with over EUR 100 million in assets, affecting approximately 4,000 people in France. It was estimated to generate between EUR 15 and EUR 25 bil…