New French PM rules out wealth tax, casting doubt on support from the left

Sep 27, 2025 - 03:00
New French PM rules out wealth tax, casting doubt on support from the left
France's incoming Prime Minister Sébastien Lecornu on Friday ruled out introducing a wealth tax or suspending an unpopular pension reform in an interview with French daily Le Parisien, angering left-wing parties whose support he many need to get a budget over the line – and avoid being voted out of office.