France Reaches a New Historic High in 2025 : Public Debt Climbs to €3,416.3 Billion, Equal to 115.6% of GDP. This reality is more than a statistic: it directly affects entrepreneurs, employees, the industries that create wealth, and the very image of an ambitious France.

The Zucman Tax in France presents itself as a modern remedy to fiscal inequality, yet beneath its veneer of social justice lies a direct threat to those who build, innovate, and invest in France. By targeting fortunes above €100 million, this seemingly fair measure risks destabilizing our most dynamic entrepreneurs, whose wealth is above all the reflection of thriving, growing companies.

For decades, France has maintained a complex relationship with its public finances. While its social model is among the most protective in the world, it is also one of the most expensive. In 2025, France is recording a public deficit exceeding 5.8% of GDP—well above the 3% limit set by European treaties.