Prime Minister challenges wealthy heirs with forced philanthropy or higher taxes

During a recent public statement, the prime minister revived a proposal originally suggested by Nobel laureate Philippe Aghion, urging large fortunes to allocate part of their inheritance to a cause of their choice. He warned that failure to do so would result in higher inheritance taxes. The suggestion highlights how succession tax policy could become a contentious issue in the upcoming presidential election, given the government's strained budget.