The Court of Auditors in France has proposed changes to the country's wealth taxation system, pointing out that half of all wealth is owned by just 10% of households. The proposed reform aims to lower certain taxes for some individuals while increasing the tax burden on those with the highest levels of wealth. Currently, the total wealth of French households is nearly 17,000 billion euros, with the median household wealth standing at 250,000 euros. Over the past fifty years, this wealth has grown significantly, faster than income growth, and largely due to inheritances, according to Carine Camby, president of the first chamber of the Court. Wealth taxation in France generated 117 billion euros in revenue in 2025, with about 60% of that coming from the mere holding of wealth and 40% from the income it generates. However, the system is criticized for being regressive, as numerous exemptions mean that those with the most wealth pay less in taxes than they should, despite France’s rates being higher than in many other European countries. Attempts over the past two decades to improve equity and efficiency have created a complex and confusing system, often described as a "millefeuille," or a layered pastry, due to its many overlapping rules. On the political front, the left has pushed for a Zucman tax, which would impose an annual 2% tax on held wealth. However, the Court of Auditors has not proposed such a drastic measure. Instead, it suggests a moderate but progressive tax on personal wealth, excluding professional assets, which would generate 1.4 billion euros. Other proposals include expanding the tax on wealth holdings (adding one billion euros), reducing the fiscal benefits of the Dutreil Pact (which currently allows 75% exemption for family business transfers, generating 1.3 billion euros), and taxing interest on deposits above certain limits (80 million euros). The Court also recommends reducing the tax-free amount of life insurance from inheritance taxes (1.25 billion euros) and lowering property transaction taxes (1.1 billion euros), as well as reducing the tax brackets for wealth transmission by five points (2.1 billion euros). Overall, the proposed reforms would result in a "very moderate increase in taxation" of about 1.83 billion euros, which would be borne exclusively by those with the most significant wealth. The Court of Auditors aims to create a more equitable system while maintaining the overall tax burden at a relatively low level.