France's Hollande could drop 75% tax rate
10 September 2012 Last updated at 11:43 BST
French President Francois Hollande has outlined a series of budget measures, including cuts, aimed at achieving economic recovery within two years.
Critics have accused the Socialist president of procrastination since his election in May.
Mr Hollande's headline-grabbing planned 75% upper tax rate to be imposed on annual income above 1m euros (£800,000; $1.28 million) could be dropped after two years, he told French television.
Philip Hampsheir reports.