Who Is Rich or "Ultrarich"? the Zucman Tax Recalls the Difficulty of Agreeing on the Answer

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The debate on the taxation of the wealthiest recalls the lack of a unanimous definition of the concept of "ultrarich" and of wealth. However, more and more work is proposing precise contours.

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Joseph Stiglitz supports an ambitious French tax On 1 October 2025, economist Joseph Stiglitz took part in a debate at the National Assembly on the Zucman tax proposal. This measure, designed by economist Gabriel Zucman, aims to introduce a minimum levy on assets above EUR 100 million. In a tense budgetary context, Joseph Stiglitz's explicit support for this scheme has revived the debates in France on the taxation of the rich. In front of the de…