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Fran├žois Hollande Political Platform75% Tax

Here's why a 75% tax on income over 1 million euros a year might not be a bad idea for France.

It could make budgets cuts easier if people think the wealthy are paying more. This tax added to the fact that the president and ministers will also cut their salary by 30% could be the symbolic measures that France needs to make deficit reduction easier.

Watch the video for the full analysis.