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France's deficit: Plan to soak the rich

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PARIS -- On Avenue Montaigne, two ladies stroll out of the Dior boutique, carrying fancy shopping bags full of the brand's latest designs.

On the Champs Elysées, mothers advise their daughters on Guerlain's new fragrances, the voluptuous scents being the most expensive and renowned of French perfumes. Across the street, Japanese tourists hurry inside a huge store stamped LV, a.k.a. Louis Vuitton, the world's leading fashion house.

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