The top-bracket federal tax rate has climbed since 1988 and, what with fiscalpressures from Medicare and the military, it may be higher still in 15 or 30 years.
Are you concerned that the fiscalpressures the United States is under at the moment may compromise its ability to sustain its plans for the region, including the initiatives announced today?
The IMF paper said moving the budget to balance would put the U.S. in a better position to deal with the massive fiscalpressures it will face as the baby boom generation starts to retire this decade, Reuters news agency reported.
Disney will report its Q2 fiscal 2013 earnings on May 7, and the focus will be on the impact of ratings pressures on broadcasting business against the growth in licensing and affiliate fee.