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CNN Fareed Zakaria GPS April 14, 2013 17:03:00 - Vimarsana News

CNN Fareed Zakaria GPS April 14, 2013 17:03:00

And governments in europe, asia, latin america and now africa have followed the same course. the top marginal tax rate in india in 1974 was 97.5%. really. today the top rate is 40%. in the u.s. in 1977, taxes on capital gains and dividends were 39.9%. in 2012, the rate was 15%. in 1977, corporate taxes in america were close to 50%. they're now 35% and most companies pay a lower rate. these changes have taken place under conservative, liberal and even socialist governments. peter manville from the architect of the labour party s in the 1990s, declared we are all thatcherites now. thatcher's ide...

CNNW Fareed Zakaria GPS April 14, 2013 - Vimarsana News

CNNW Fareed Zakaria GPS April 14, 2013

0 today's show, search us on itunes. fareed zakaria "gps" is next for our viewers here in the united states. welcome it all of you in the united states and around the world, i'm fareed zakaria. this week, president obama released his 2014 budget proposal and will start with two crucial debates about it. first up, is obama's budget a step forward? will we get our house in order? we have a debate. ronald reagan's budget director david stockman versus austan goolsbee. then, america's debt and deficits going forward will largely be caused by one factor, health care. how do bring these costs down...