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Hollande 2013 budget

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Millionaires' tax: Hollande hits France's rich with 75 percent tax rate
Francois Hollande's new 2013 budget will heavily tax the wealthy and businesses instead of slashing spending.
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Hollande 2013 budget

French President François Hollande addresses the UN General Assembly meeting on September 25, 2012 in New York City.

John Moore
AFP/Getty Images