plans to raise this money with her wealth tax but each plan seems to spend the same to sense over and over again. he allocated universal childcare and student debt cancellation and things like social security she has come up with other means. some are less publicized like social security payroll tax and corporate profit tax and the social security one brings us $4 trillion as opposed wealth tax. it is less exciting to talk about that. leland: the cover story is on news stands and there s the editorial the democratic front runner has too little markets or business. read it online. thank you for being here. jillian: the trump organization considering possible sale of one of its premier hotels. they are looking at offers, the
guarantees for demand on the products that are created as part of the special investment contract on the part of the government and the companies with the government participation, and for the whole term of the contract, should provide the investor with unchangeable tax conditions and other conditions related to state regulation. as for the tax, i would like to suggest that the tax break should be extended for the profit tax beyond 2025. i d like to underscore that exclusively targeted decisions dedicated to critically important technologies should not undermine the competitive environment and the economy as a whole. i would like to ask the government to analyze these issues and come up with concrete proposals. in the coming meeting with the business community, we re going talk in detail about how dimensions and joint work to find solutions to, how technological development.
reserved currency means that the dollar is relatively stronger than it should be which holds back export growth that would be even more robust. but even despite that drag from our unique position it s basically a fairly positive story. what do you think about those who say, look the economy is overtaxed, overregulated, you need big structural reform that that s what s going to unleash productivity in this economy? well the most highest economic growth decade was the 1960s. income tax rates were 90%. i mean the idea that there s some direct connection that all these innovators are on strike because tax rates are at 35% and on corporations that s just such nonsense. corporate profit as a percent of u.s. gdp, the tax, corporate profit tax, is 2%. it used to be 4%.
some direct connection that all these innovators are on strike because tax rates are at 35% and on corporations, that s just such nonsense. corporate profit as a percent of u.s. gdp, the tax, corporate profit tax, is 2%. it used to be 4%. that s at a time where corporate profits are at an all-time high. so yes, your nominal rate is very high, but for a variety of reasons, including overseas deferments, accelerated depreciation, what s actually being paid is way less. so the notion that changing that nominal rate will unlock something, you know, overstates how you improve things. right now the presidential campaign has sort of begun, and one of the big issues that you re seeing on the republican side is the issue of the common core. these standards in the tests. and jeb bush has reiterated his support for them.
he was dubbed osama bin laden s right-hand man in europe and had been in jail since 2005. the european court on human rights stopped britain from deporting him to his native jordan because of concerns he would be tortured. a british judge says unless the government manages to deport him in the next three months, the bail conditions may be lifted. whitney houston s body has been flown to new jersey on a private jet for a funeral service later this week. a gold hearst believed to be carrying her body left teterboro airport amid type security. police say she was found under water in her hotel room on saturday. there were prescription drug bottles found in the room but no evidence of foul play. those are the headlines. i m monita rajpal. world business today starts right now. good morning, from cnn london, i m nina dos santos. welcome to world business today. these are the top stories on tuesday, february 14th. china s status as an economic power house is front and center t