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The United States public debt as a percentage of GDP reached its highest level during Harry Truman's first presidential term, during and after World War II. Public debt as a percentage of GDP fell rapidly in the post-World War II period and reached a low in 1974 under Richard Nixon .
BEA's percentage is smaller because it just includes government spending. OECD's total is larger because it also includes fees, e.g. tuition payments at public colleges. [5] Figures published by the International Monetary Fund for 2022 shows general government spending at $9,372 billion, or 36.7% of GDP. [6]
The table below shows the percentage of free blacks as a percentage of the total black population in various U.S. regions and U.S. states between 1790 and 1860 (the blank areas on the chart below mean that there is no data for those specific regions or states in those specific years).
52% (capital gains tax 15%, standard income tax rate 10%, additional contributions by employee: 13% state pension fund, 6.5% state health fund, 0.5% unemployment fund; additional contributions by employer: 11% state pension fund, 6.5% state health fund, 0.5% unemployment; maximum contributions capped (amount changing monthly); additional tax ...
A frequent topic of debate is whether the strong dollar policy of the United States is indeed in America's own best interests, as well as in the best interest of the international community. [ 81 ] Currencies fixed to the U.S. dollar
One notable component of the expense ratio of U.S. funds is the "12b-1 fee", which represents expenses used for advertising and promotion of the fund. 12b-1 fees are paid by the fund out of mutual fund assets and are generally limited to a maximum of 1.00% per year (.75% distribution and .25% shareholder servicing) under FINRA Rules.
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