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
The ideas of Gabriel Zucman, an economist who\u2019s been 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 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…\n","protected":false},"author":2,"featured_media":171696,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[102758,13652,28,4553,11637,110,101,1076,594,66523,102759,111,1548,1432],"class_list":["post-171695","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bernard-jean-etienne-arnault","tag-billionaires","tag-business","tag-career","tag-chief-executive-officer","tag-economics","tag-economy","tag-europe","tag-france","tag-liberal","tag-lvmh-moet-hennessy-louis-vui","tag-politics","tag-taxes","tag-wealth"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/171695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=171695"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/171695\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/171696"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=171695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=171695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=171695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}