this enigmatic tax that the New Elite Front wants to put on

2024-07-10 21:49:51

DISTRIBUTION – A French economist proposed establishing a minimum international standard to tax the richest. Purpose: “improve transparency on wealth, reduce incentives for tax evasion and prevent a race to the bottom”».

Between the reconstruction of the ISF, the twenty-second tax, and the creation of the 14-tax bracket to increase the tax on wealth, it is an understatement to say that the New Elite Front is teeming with ideas for the head of the rich. Among the whole armada of other measures there is one more enigmatic, namely a formation “Zucman-age”. If this name means something to you, however it makes the luckiest person shiver. Gabriel Zucman, professor of economics at the Paris School of Economics, École Normale Supérieure (PSL), and the University of California at Berkeley, promoted the minimum international standard “to ensure effective taxation of the very rich”.

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