France’s Pension Crisis and North African Immigration

France’s pension system is facing severe tests, influenced by population aging, low fertility rates, and challenges in immigration integration. These factors amplify the fiscal pressures of the pay-as-you-go model. From my observation, while North African immigrants provide labor supplementation, their lower productivity and generous family reunification policies may exacerbate future retirement expenditure burdens, thereby threatening … Continue reading France’s Pension Crisis and North African Immigration →

Economic Analysis Report on France’s “Tax the Billionaires Bill”

Historical Background and Passage of the Bill On the night of February 20, 2025, after intense debates, the French National Assembly passed the “Proposal to Establish a 2% Minimum Wealth Tax on the Super-Rich” (commonly referred to as the “Tax the Billionaires Bill”) with 116 votes in favor and 39 against. The bill imposes a … Continue reading Economic Analysis Report on France’s “Tax the Billionaires Bill” →