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Mélenchon proposes capital taxes, ECB debt cancellation to fix French deficit
Capital.grSRC LO·FR·1 day ago
French presidential candidate Jean-Luc Mélenchon proposes raising over €100 billion in new revenue through maximum tax pressure on the wealthy and large companies, aiming to fund expanded spending while cutting the deficit to 5%. Experts question feasibility, noting parallels with Marine Le Pen's platform. This signals a leftward shift in fiscal policy debate ahead of 2027 elections.