{"id":158839,"date":"2025-09-21T08:35:05","date_gmt":"2025-09-21T08:35:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/158839\/"},"modified":"2025-09-21T08:35:05","modified_gmt":"2025-09-21T08:35:05","slug":"arnault-says-french-wealth-tax-advocate-seeks-to-destroy-economy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/158839\/","title":{"rendered":"Arnault Says French Wealth Tax Advocate Seeks to Destroy Economy"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Bernard Arnault has waded into an ongoing debate on how to restore France\u2019s finances, calling an economist who has advocated a wealth tax a far-left activist whose ideology will destroy the country\u2019s economy.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The ideas of Gabriel Zucman, an economist who\u2019s been <a href=\"https:\/\/www.bloomberg.com\/news\/terminal\/RU1AX6T0AFB4\" class=\"media-ui-Link_link-tVkXhPLPofs- whitespace-normal\" target=\"_blank\" rel=\"noopener nofollow\" data-component=\"link\">generating headlinesBloomberg Terminal<\/a> for his defense of a levy of 2% on fortunes above \u20ac100 million ($117 million), risk destroying the French economy, the billionaire founder and chief executive officer of luxury conglomerate <a href=\"https:\/\/www.bloomberg.com\/quote\/MC:FP\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">LVMH<\/a> told the Sunday Times.<\/p>\n","protected":false},"excerpt":{"rendered":"Bernard Arnault has waded into an ongoing debate on how to restore France\u2019s finances, calling an economist who&hellip;\n","protected":false},"author":2,"featured_media":158840,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[82978,2923,45,49,48,151,7214,548,46,3456,637,19952,82979,714,8909,1822],"class_list":{"0":"post-158839","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-bernard-jean-etienne-arnault","9":"tag-billionaires","10":"tag-business","11":"tag-ca","12":"tag-canada","13":"tag-career","14":"tag-chief-executive-officer","15":"tag-economics","16":"tag-economy","17":"tag-europe","18":"tag-france","19":"tag-liberal","20":"tag-lvmh-moet-hennessy-louis-vui","21":"tag-politics","22":"tag-taxes","23":"tag-wealth"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/158839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=158839"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/158839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/158840"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=158839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=158839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=158839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}