The richest man in France pays Gabriel Zucman. In a statement granted to the British newspaper The Sunday Times, Bernard Arnault describes the French economist as “extreme left activist” whose ideology “points to the destruction of the liberal economy.” His warning is more global: “A tax on rich would destroy our economy.”
The businessman intervenes while Zucman’s tax, this annual contribution of 2% of the French assets with more than 100 million euros, has been imposed on the public debate in recent weeks.
“We do not understand the positions of Mr. Zucman if we forget that he is first an extreme left activist. As such, he puts at the service of his ideology (which points to the destruction of the liberal economy, the only one who works for the good of all) a competition of the university wealth that in itself is widely discussed,” said the leader of the LVMH luxury group with the head of a strango colossal.
86% of French are favorable
However, eminent economists such as Olivier Blanchard and Jean Pisani-Ferry spoke in favor of this tax.
Last February, the National Assembly adopted a bill that establishes A floor of the heritage floor “Ultra-Riches”, with 116 votes and 39 against, inspired by Zucman’s tax. A few months later, in June, the Senate rejected it. Recently, an IFOP survey commissioned by the Socialist Party indicates that 86% of the French are favorable for a Zucman Tax.
Big presentation according to Arnault
The CEO judges that Gabriel Zucman “presents the French fiscal situation in a biased way.”
“Because finally, how to question myself directly when I am certainly the first taxpayer personally and one of the most important through the companies I run,” he said.
“This is not a technical or economic debate, but a clearly formulated will to put the French economy on the field,” he still accuses.
“I cannot believe that the French political forces that direct, or in the past they led the country, can provide the slightest credibility to this deadly offensive for our economy,” added Bernard Arnault.
In 2024, the LVMH luxury group, which has more than 75 brands, including Louis Vuitton, Dior, Moët and Hennessy or Chaumet, achieved a turnover of more than 84 billion euros and a gain of 12.55 billion euros.
Source: BFM TV
