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Signed into law on February 26, 1964, the act cut individual income tax rates across the board by approximately 20 percent, cut the top marginal tax rate from 91 to 70 percent, and slightly reduced corporate tax rates. [45] Passage of the long-stalled tax cut facilitated efforts to move ahead on civil rights legislation. [46]
In 1979, M. Harvey Brenner found that for every 10% increase in the number of unemployed, there is an increase of 1.2% in total mortality, a 1.7% increase in cardiovascular disease, 1.3% more cirrhosis cases, 1.7% more suicides, 4.0% more arrests, and 0.8% more assaults reported to the police.
In 2003, Bayern Munich loaned €2 million to Dortmund for several months to pay their payroll. Borussia was again driven to the brink of bankruptcy in 2005, the original €11 value of its shares having plummeted [tone] by over 80% on the Frankfurt Stock Exchange. At this time Hans-Joachim Watzke was appointed CEO and streamlined the club.
Harry S. Truman (May 8, 1884 – December 26, 1972) was the 33rd president of the United States, serving from 1945 to 1953.A member of the Democratic Party, he served as a United States senator from Missouri from 1935 to 1945 and briefly in 1945 as the 34th vice president under Franklin D. Roosevelt.
The proportion deriving from payroll taxes, VAT, and other taxes on goods and services correspond to the OECD average [147] As of 2014, 6% of the population was reported to live below the poverty line, when adjusted for taxes and transfers. Denmark had the 2nd lowest relative poverty rate in the OECD, below the 11.3% OECD average. [148]