French Prime Minister Sebastien Lecornu intends to introduce a tax on individuals earning more than 250,000 euros annually, aiming to secure support from the Socialist opposition for his government’s 2026 state budget, financial newspaper Les Echos reported on Saturday.

Les Echos reported that Lecornu plans two measures, each targeting taxpayers declaring more than 250,000 euros ($300,000) in income – or 500,000 euros for a couple – to raise an additional 3 billion euros in fiscal revenue next year.

A first measure would be to renew a one-off tax introduced by predecessor Francois Bayrou last year, which aims to ensure that all high-earning tax households concerned pay at least 20% of their income in taxes.

Super-Wealthy Crackdown

The minority government also wants to crack down on

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