French government under pressure as lawmakers set to vote on wealth tax
Socialists demand a Zucman-style wealth tax to force inclusion in the austerity budget, risking government collapse amid fiscal deadline and political crisis.
LVMH CEO Bernard Arnault, once the world's richest man, said a 2% wealth tax would destroy the French economy
Bernard Arnault condemns a proposed 2% wealth tax as destructive to the French economy; economist Gabriel Zucman defends the tax as a justice instrument.