It is said that France's biggest current problem is the widening wealth gap. Reforming the wealth tax.
Since France is a socialist state, they measure asset values more precisely than Korea does.
It is reported that the wealth of France's top 500 richest individuals has increased more than fivefold since 2018.
The wealth of the French middle class (top 25-40%) is said to be around 500 million to 700 million Korean Won.
France is a country that collects a heavy wealth tax simply because one has significant assets, but it is said that they lowered the wealth tax significantly in 2018.
While the wealth of the French ultra-rich has increased tremendously, tax revenue has not been collected as much as expected.
The taxes borne by those below the middle class remain the same.
The income of the lower and middle classes is not increasing, but prices continue to rise. Especially fuel.
The idea is to gain the strongest justification and power by holding a referendum on the wealth tax reform and using it for national welfare.
It is said that the current sentiment among the common people in France is that a law significantly increasing the wealth tax should be passed through a referendum.
The common people in France are suggesting that 10% of the assets of the ultra-rich—those holding over 100 million euros—should be collected as tax, so conflicts are expected to continue.
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