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The Student Loan Scheme (SLS), introduced in New Zealand in 1992, provides student loans and allowances for course fees, course-related costs, and living costs to tertiary students who meet StudyLink's funding criteria. [1] StudyLink is the public organisation part of the Ministry for Social Development and is responsible for administering ...
The economy of Hong Kong is a highly developed free-market economy. It is characterised by low taxation, almost free port trade and a well-established international financial market. [17] [18] Its currency, called the Hong Kong dollar, is legally issued by three major international commercial banks, [19] and is pegged to the US dollar.
The UAE's economy is the 3rd largest in the Middle East (after Turkey and Saudi Arabia ), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [1] The UAE economy is heavily reliant on revenues from petroleum and natural gas, especially in Abu Dhabi. In 2009, more than 85% of the UAE's economy was based on the ...
The Federal Reserve on Wednesday held interest rates steady and made no changes to its forecast that it will be necessary to cut rates three times in 2024. The central bank's benchmark interest ...
Federal excise taxes have been stable at 18.4¢ per gallon for gasoline and 24.4¢ per gallon for diesel fuel since 1993. This raised $37.4 billion in fiscal year 2015. These fuel taxes raised 90% of the Highway Trust Fund. The average of state taxes on fuel was 31.02¢ per gallon for gasoline and 32.66¢ per gallon for diesel fuel in 2021.
Tax revenues as a percentage of GDP for the UK in comparison to the OECD and the EU 15. In 1971, the top rate of income tax on earned income was cut to 75%. A surcharge of 15% on investment income kept the overall top rate on that income at 90%. In 1974 the top tax rate on earned income was again raised, to 83%.
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