François Picard is pleased to welcome Layla Abdelké Yakoub, Tax Justice and Inequality Advocacy Officer at Oxfam France. “Today in France a billionaire pays less taxes proportionally than a nurse or a firefighter,” explains Yakoub. She challenges the foundations of France’s fiscal system, arguing that the growing concentration of wealth and preferential tax treatment of the ultra-rich are undermining the constitutional principle of equality before taxation. As Oxfam pursues legal action against the French state, Yakoub describes a widening disconnect between the government’s efforts to attract investment and its ability to finance public services, address poverty and carve out an ecological transition.