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The main increase in revenue came from income tax, which in 1915 went up to 3s. 6d in the pound (17.5%), and individual exemptions were lowered. The income tax rate grew to 5s in the pound (25%) in 1916, and 6s (30%) in 1918. Altogether, taxes provided at most 30 percent of national expenditure, with the rest from borrowing.
The Argentine railway network consisted of a 47,000 km (29,204 mi) network at the end of the Second World War and was, in its time, one of the most extensive and prosperous in the world. However, with the increase in highway construction, there followed a sharp decline in railway profitability, leading to the break-up in 1993 of Ferrocarriles ...
ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. [7] Founded by Zhang Yiming, Liang Rubo and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin.
Poverty was reduced from 33% in 2002 to 21.7% in July 2008, while extreme poverty dropped from 3.3% to 1.7%. [102] Between the years 2007 and 2009, Uruguay was the only country in the Americas that did not technically experience a recession (two consecutive downward quarters). [103]
As of May 2024, there are 17 supermarket chains currently operating in the United Kingdom. The food retail market has been dominated by the 'big four' supermarkets – Tesco, Sainsbury's, Asda and Morrisons – who made up over three quarters of sector market share in 2010. Tesco is the largest retailer in Great Britain, with a market share of ...
Ally Bank dropped its rate to 4.25% from 4.35% and Discover to 4.25% from 4.30%. Even so, most online banks held their online savings account rates steady in 2024, and several online banks still ...
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