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Tax increaseRejectedWealth taxationNational

Reinstatement of the traditional ISF (wealth tax)

Reinstatement of the wealth tax (ISF) as it existed before 2018, since replaced by the property wealth tax (IFI). Amendment by the Socialist group (Philippe Brun) to the 2025 budget bill, rejected by the National Assembly on 25 October 2024; variants by the LFI-NFP group were rejected the same day (110 votes to 88).

Measure originators

InitiatorSOC
Philippe Brun
Socialistes et apparentés
Amendment authorLFI-NFP
Éric Coquerel
La France insoumise - Nouveau Front Populaire
Amendment authorLFI-NFP
Matthias Tavel
La France insoumise - Nouveau Front Populaire
Impact on public finances
Would have brought in 4.5 bn €/yr2022 estimate · State
Source of the estimate: Sénat, rapport n° 689 (2024-2025) (citant le comité d'évaluation des réformes de la fiscalité du capital, France Stratégie) (Indirect official figure)

A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.

Measure impact

Reinstating the ISF would again have taxed all assets (property, financial and business), not only property as the IFI does.

Sources

Amendement n° 2594 au PLF 2025Official
25 October 2024
Assemblée nationale - Scrutin n° 87 (amendement n° 1976)Vote
25 October 2024

Procedure timeline

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Rejected
25 October 2024

Debate and vote

Parliamentary process

Débat et vote en séance publique à l'Assemblée nationale, ou engagement de la responsabilité du Gouvernement (article 49.3)

Actors
Philippe Brun, Éric Coquerel, Matthias Tavel
Vote result
Rejected
Rejet de l'amendement de rétablissement de l'ISF (Philippe Brun) et des variantes LFI-NFP (110 voix contre 88 pour l'amendement n° 1976)
Source