France's Hollande wants 75% tax on rich

French President Francois Hollande made changes to his failed proposal for a 75% top tax rate on Thursday, shifting the burden of payment from individuals to businesses that pay salaries over 1 million euros. 

Hollande, during last year's presidential campaign, proposed a 75% tax rate on individual income above 1 million euros. 

The controversial tax was rejected by France's judiciary. 

Hollande made his new payroll tax proposal on big salaries during a late-night television broadcast.