Gabriel Zucman’s proposal for a global minimum tax: a 2% levy on fortunes above €100 million, affecting just 1800 households, the wealthiest 0.003% of the population. The goal is to ensure that billionaires pay at least as much, proportionally, as the people below them – which, astonishingly, they currently don’t.
When the left asks who truly contributes and who evades contribution, the conversation shifts. That’s what’s happening in France with the Zucman tax: a debate that has forced everyone, including the far right, to say which side they’re on.
Much of Europe’s far right channels resentment without ever challenging the structures of wealth that sustain it.
I don’t know who can stop Reform. But we know what might, and it’s staring us in the face: tax justice.