France considers ‘supertax’ on big companies to help households struggling over the cost of living crisis

The idea of a levy on major companies is gaining in popularity, writes David Harding

French President Emmanuel Macron sings during a visit to Argeles-Gazost, southern France (EPA)

To tax or not to tax?

The issue is a big one for western European governments at the moment. In Britain, it is set to dominate the run-off between Rishi Sunak and Liz Truss to become the country’s next prime minister.

And across the Channel, the issue of a “super tax” on energy firms is also dominating the headlines.