French Tech leaders Clash Over Proposed โฃWealth Tax
PARIS,FRANCE – September 17 – A heatedโข debate over taxation and โinnovation is unfolding at the Digital France Rallyโฃ (FDDAY) inโ Paris,as French tech leaders grapple with a proposed wealth taxโ championed by economist Gabriel Zucman. The twelfth edition of the rally, a key lobbying โevent for โฃthe French Tech sector, saw a surge โฃin attendance Wednesday afternoon asโค Zucman prepared โto face off โฃagainst fellow economist Philippe Aghion.
The discussion,โค spurred by a last-minute invitation issuedโข Septemberโ 14th, comes amidโข growing opposition to โขzucman’sโฃ tax proposal from employer organizations. Paola Fabiani, vice-president of Medef, anโ institution actively planning meetings against the tax, expressed her dismay, echoing โขsentiments of “madness” and “dystopia” voiced byโข others. CPME representative Yahya Fallah warned againstโ the potential political implications, โฃinvoking the Overton window andโ suggesting a shiftโ to the extreme left.
Zucman, a professor at both Berkeley in California and the รcole Normale Supรฉrieure, will โขdebate Aghion, aโฃ keyโ architect of the 2017 Macron program and professorโ at the Collรจge de France and the London School of Economics.
Maya โฃNoรซl, CEO of France Digital, hopes the discussion will move beyond “partisan and punchlines” to foster a โdeeper understanding of the differing โฃpositions on โขtaxation and its impact on innovation. The โฃdebateโค is taking placeโ under a tent in the outdoor spaces of the Museum of Fair Arts (Paris XII), near the Chamboule-Toutโ and distorting โคmirrors.
