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The Chairman of the US Federal Reserve, Jerome Powell, warned that it may take "an extended time" before the US economy fully recovers from weak economic growth, due to the pandemic, and that in the foreseeable future the US can expect "low productivity growth and stagnant incomes". [127] By May 31, 2020, more than forty million Americans had ...
Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. In many countries, per capita income is determined using regular population surveys, such as the American Community Survey . [ 1 ]
19 May – Manmohan Singh of the National Congress is re-elected as Prime Minister of India. [10] 21 May – The Communist Party kills 16 police officers near Nagpur, Maharashtra. [11] 25 May – Cyclone Aila ravages the east coast killing at least 149 [12] [13] [14] and hundreds others were left homeless as torrential rains led to flooding.
The 2009 British Columbia general election was held on May 12, 2009, to elect members of the Legislative Assembly in the Canadian province of British Columbia. The British Columbia Liberal Party (BC Liberals) formed the government of the province prior to this general election under the leadership of Premier Gordon Campbell .
For scale, cutting administrative costs to peer country levels would represent roughly one-third to half the gap. A 2009 study from Price Waterhouse Coopers estimated $210 billion in savings from unnecessary billing and administrative costs, a figure that would be considerably higher in 2015 dollars. [50] Cost variation across hospital regions.
The economy of Nigeria is a middle-income, mixed economy and emerging market [27] [28] with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. [ 29 ] [ 30 ] It is ranked as the 53rd-largest economy in the world in terms of nominal GDP , the fourth largest in Africa and the 27th-largest in terms ...
The income of partnerships and trusts is not taxed directly, but is taxed on its distribution to the partners or beneficiaries. Income tax is the most important source of revenue for government within the Australian taxation system. Income tax is collected on behalf of the federal government by the Australian Taxation Office.
A Roth IRA is an individual retirement account (IRA) under United States law that is generally not taxed upon distribution, provided certain conditions are met. The principal difference between Roth IRAs and most other tax-advantaged retirement plans is that rather than granting a tax reduction for contributions to the retirement plan, qualified withdrawals from the Roth IRA plan are tax-free ...