France's top court on Sunday approved a proposal for companies to pay 75 percent tax on annual salaries exceeding one million euros in line with President Francois Hollande's drive to limit executive pay at a time of economic hardship.
Executive pay in 2010 was up as much as 40 percent in some cases, even as Americans' approval of mega-corporations on Wall Street plunged to its lowest levels yet, data released this week reveals.
