France budget 'fair to taxpayers'

French Prime Minister Jean-Marc Ayrault has said that nine out of 10 citizens will not see their income taxes rise in the new budget.

He has confirmed that there is to be a new 75% tax rate for people earning more than 1m euros (£800,000; $1.3m) a year.

But he has not yet detailed how much taxes will rise for the rest of the top 10%.

It is one of the key policies in what he called "a courageous, responsible budget - a budget of conquest".

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