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The Latest Breaking News from Gabriel Zucman

Elon Musk says his trillionaire SpaceX IPO is ‘inspiring’ for humanity. It could help smash US democracy as we know it

ANALYSIS: The SpaceX IPO that made Elon Musk the world’s first trillionaire also empowers him to steer the future of America like no person in history, Josh Marcus argues

The Independent UK

The case for Labour to introduce a wealth tax has never been stronger

A 2% levy on fortunes above £100m – with no exemptions – could begin to reverse decades of rising inequality

The Guardian - UK

SpaceX makes largest ever stock market debut, making Elon Musk world’s first trillionaire

Initial public offering for aerospace and AI company made Musk the world’s first trillionaire as share prices jumped

The Guardian - US

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French MPs scramble to strike budget deal as deadline looms

French MPs will on Monday resume their race against time to draft a budget bill to be pushed through parliament by the end of the year.

Radio France Internationale

French PM Lecornu faces new headache after MPs reject tax on ultra rich

France's Prime Minister Sébastian Lecornu was on Saturday confronting the prospect of more political wrangling after MPs rejected a wealth tax. The decision could bring down his government if a levy on the super-rich is not in the budget.

Radio France Internationale

French lawmakers haggle over tax on ultra-rich

As France's parliament enters the final days of trying to agree on a belt-tightening budget for 2026, lawmakers are voting Friday on a wealth tax that left-wingers say will help reduce the country’s €44 billion debt pile and budget deficit. The government, meanwhile, is defending an alternative to such a…

Radio France Internationale

French Government Faces Threat Of Censure Over Wealth Tax

A swing group in French parliament on Friday said that if a 2026 budget bill was not changed to include a tax on the supremely wealthy, it would vote down the government.

International Business Times

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The Louvre raid was audacious - but nothing compared to the heist France’s political leadership just pulled off

The theft of the crown jewels is another blow to national prestige, but far greater is the threat of a monarchical president hoarding power against voters’ wishes, says Guardian Europe columnist Rokhaya Diallo

The Guardian - UK

French Socialist party to fight for wealth tax as it seeks to capitalise on crisis

Party has promised to stand back as weakened prime minister prepares for crucial no-confidence vote

The Guardian - UK

Podcast: Taxing the ultra-rich, last paperboy in Paris, end of the death penalty

The proposal to tax the ultra-rich that could address some of France's budget woes. The last paperboy in Paris, who has been hawking newspapers for nearly 50 years, tells of challenges and successes from Pakistan to Paris. And the man who ended the death penalty in France enters the Panthéon.

Radio France Internationale

Fresh strikes held in France amid continuing political void

Unions aim to keep up pressure on new PM, who has still not formed a government, over budget and super-rich tax

The Guardian - UK

France's Zucman tax: Will taxing the ultra rich really help to balance the budget?

The debate over the so-called Zucman tax on fortunes of more than €100 million is causing a stir in France, part of a wider debate in Europe on how much the ultra wealthy should be taxed.

Euronews

'Deadly for our economy': French billionaire Bernard Arnault slams wealth tax

Politicians in France reacted to heated comments from the country’s richest man after Arnault called the Zucman tax a way to "destroy the French economy".

Euronews

French economist Zucman and billionaire Arnault trade barbs over wealth tax plan

A French economist behind a wealth tax plan on Sunday hit back at the country's richest person who claimed the academic wanted to destroy the French economy.

Radio France Internationale

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International Business Times

Wealth Tax Economist Hits Back At French Tycoon's 'Pseudo-academic' Claim

An economist behind a wealth tax plan embraced by the French left on Sunday urged France's richest person, Bernard Arnault, to show "respect for the truth" after the luxury goods tycoon described him as a "pseudo-academic" who wanted to "destroy the French economy".

The Guardian - UK

Wealth tax would be deadly for French economy, says Europe’s richest man

LVMH owner Bernard Arnault, who could take €1bn hit, says proposed 2% levy ‘aims to destroy liberal economy’

International Business Times

France's Richest Man Riles Left With Attack On 'Pseudo-academic' Behind Tax Plan

Left-wing figures in France on Sunday reacted with uproar after the country's richest man the luxury goods tycoon Bernard Arnault described an academic behind a wealth tax plan as a "far-left activist" who wanted to "destroy the French economy".

Radio France Internationale

Why is France facing its biggest strikes in years?

France is bracing on Thursday for its biggest strikes and demonstrations in two years as unions rally workers across all sectors to protest what they call "brutal" cuts looming in the 2026 budget. RFI explains what's behind the day of disruption.

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Radio France Internationale

Income inequality

This week on The Sound Kitchen, you’ll hear the answer to the question about France’s proposed wealth tax. There’s “The Listener’s Corner” with Paul Myers, Erwan Rome’s “Music from Erwan, and of course, the new quiz and bonus question, so click the “Play” button above and enjoy!

Benzinga

Billionaires Now Pay Less In Taxes Than You: Study Reveals Ultra-Wealthy Enjoy 24% Rate Thanks To Trump's 2017 GOP Cuts

The effective tax rate for America's wealthiest 0.0002% — roughly the billionaires on the Forbes 400 list — fell from 30% to 24% after the 2017 GOP tax overhaul, according to a new study from the National Bureau of Economic Research.

International Business Times

Taxing The Richest: What The G20 Decided

Anti-poverty campaigners have hailed a decision by G20 leaders meeting in Rio to make sure the world's billionaires "are effectively taxed."

The Guardian - UK

Be brave and impose minimum tax on world’s billionaires, urges Spanish minister

Carlos Cuerpo calls on G20 leaders to act and says election results show citizens want redistribution of wealth

The Guardian - UK

No more fiscal favours? Calls to tax super-rich gain traction around world

Even rightwing governments are joining in with G20-led push to make wealthy pay, with Italy doubling flat tax on foreign income

France 24

Tax the super-rich, says new report commissioned by G20 chair Brazil

In a new report commissioned by Brazil for its G20 presidency, French economist Gabriel Zucman says an international scheme to impose a global minimum tax on the world's richest individuals is technically feasible and that a 2 percent wealth tax on 3,000 billionaires could generate more than $200 billion in…

The Guardian - UK

International scheme to tax billionaires’ wealth technically feasible, study finds

Proposal could net up to $250bn a year in extra revenue, says report commissioned by Brazil for G20

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