As the French people celebrate their revolution on Saturday, Bastille Day, the founding principles — liberte, egalite and fraternite — seem to be alive and well. New President Francois Hollande embraced equality on the campaign trail this spring. To reduce the French deficit, he proposed raising taxes on large corporations and the super-rich. Hollande's proposal would slap a 75 percent tax rate on anyone making more than 1 million euros a year, a huge jump from the current rate. It would also reinstate some wealth taxes Sarkozy got rid of. Many wealthy French have already gone abroad.