In France, a proposed tax hike could affect 65,000 high-income households, aiming to raise €2bn for the 2025 budget. The draft budget includes significant public spending cuts and increased taxes for individuals earning over €250,000. Wealthy individuals already pay an exceptional contribution, and the new measures could raise their minimum tax rate to 20% for three years. Concerns about wealthy individuals leaving France have emerged, but experts suggest that many are unlikely to move despite the tax changes. Teljes cikk (Euronews.com)