Now there's a turn up for the books.
In these times of austerity I don't see why the wealthy should pay a larger amount than those at the opposite end of the wealth scale.
Mind you, 75% did sound a tad heavy.
Quote:
France's constitutional council has struck down a top income tax rate of 75% introduced by Socialist President Francois Hollande.
Raising taxes for those earning more than 1m euros (£817,400) has been a flagship policy for Mr Hollande.
The policy angered France's business community and prompted some wealthy citizens to say they would emigrate.
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http://www.bbc.co.uk/news/world-europe-20864114