Bulk of savings will come from reducing the income tax exemptions that wealthy parents can claim according to number of children they have.
Jean-Marc Ayrault attacks wealthy citizens fleeing France's punitive tax on high incomes as greedy profiteers seeking to "become even richer".
The Qatari buy-up of Paris football club PSG saw the arrival of big bucks and big stars, but there's an innate French distaste for bling, argues The Economist.
Media reports suggest the new French government's proposed 75% tax on the super-rich is to tweaked to affect only some 1,000 mega-rich.
Socialist government has announced a big one-off increase in wealth taxes, by far the biggest single element in a €7.2bn package of new levies.