New French President Pledges To Tax Rich 75 Percent
May 10, 2012
The President-elect of France, Francois Hollande, wants the richest people there to pay a marginal tax rate of 75 percent on incomes above 1 million Euros. That would be a huge jump from the top rate now, which is 41 percent. Melissa Block talks to Sophie Pedder about the new tax rate — she's the Paris bureau chief for the Economist.
Telemundo announced that its telenovelaEl Señor de los Cielos (Lord of the Skies) will be back for an unheard of second season. This is a radical departure from traditional telenovelas, which have a clear beginning and a definitive ending.
It's Day 4 of the White House's new messaging push for the Affordable Care Act. Today the goal is to tell the stories of people with pre-existing conditions who are now entitled to coverage under the new health care law.One such story comes from within the White House.
The Washington Post reports that the agency is gathering nearly 5 billion records a day on the whereabouts of cellphones around the world. One official told the newspaper the NSA is getting vast volumes of location data by tapping into the cables that connect mobile networks globally.
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