PARIS - French lawmakers shot down proposals to levy a wealth tax on the ultra-rich demanded by the Left and on Friday backed instead a diluted government plan to tax assets kept in holding companies.
Eager to calm Socialist lawmakers furious over the rejection of the wealth tax, Prime Minister Sebastien Lecornu said the government would not oppose lifting a freeze on pensions and welfare benefits in his 2026 budget.
The Socialists, who last week had t
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