Zucman Tax Proposal Fails in France
228 voted against, 172 supported a diluted levy on holding companies.
Left-wing bloc proposed 2% tax on fortunes over 100m euros.
Zucman estimates 15-20b euros annually from 1,800 households.
Lecornu's diluted levy aims for 1b euros.
Montchalin warned against tax justice harming economy.
Socialists demand tax, threatening to overthrow government.
Lecornu needs socialist support for budget and no-confidence votes.
Budget bill goes to Senate, final shape uncertain due to political deadlock.
Macron called snap elections last year.
6 days ago