75% Tax Rate

http://www.bbc.co.uk/news/world-europe-19754016

Well, it's gone through. Hollande's vision of a socialist utopia where profit is severely punished. Luckily I'm not in France, so I'm in a position to watch it all go to shit and see Rand proven complete right with a modern day example.

-A new 75% tax on the richest earning more than 1m euros
-A 45% income tax rate on incomes over 150,000 euros a year
-A freeze in government spending, excluding debt repayments and pensions
-The elimination of a ceiling on "l'impot de solidarite sur la fortune", or wealth taxes, so that assets of more than 1.3m euros will be taxed at 1.5%
-The reduction of tax exemptions for loan payments by large corporations
-Capital gains and dividends will now be subject to the income tax regime

>>12
This guy explains it better than I could: http://zompist.com/richtax.htm

tl;dr: Rich people actually get more from the system than poor people do.

If I own a factory, then that's not just me that's got to get to work on time, it's my ~1000 workers as well. Or else it's my income going down.
And I'll need them educated, so they can go straight to work without first needing months of on-the-job training.
And without public health care, guess who's gonna have to pick up the tab if one of my workers gets sick or has an accident?