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History Of The Income Tax
1,505 words... eral government would gain the power to tax state and municipal bonds, but New York passed the amendment on its second try. Other eastern states also had movements against the amendment, but they eventually ratified it as well. Wyoming's ratification on February 3, 1913, gave Congress the three-quarters majority it needed to make the amendment part of the U. S. Constitution. Congress now had the ability of the federal government to levy taxes on income. Six other states eventually ratified t...
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Poor Laws Moral Character
2,101 words... cluded, negligible, and that the moral shaping forces on the poor were likely to be socialism and trade unionism. He was prepared to admit, that socialism offered faith, hope and dignity and that it meant more than state repression and anti-individualism. His eagerly anticipated concluding volume, was seen as disappointing, offering no solutions, no alternative to his previously noted faith in individualism and 'limited socialism'. He was, after all, a recorder rather than a reformer. This h...
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Retirement Age In The Uk Impact On Investment
788 wordsRetirement Age in the UK impact on investment Over the next 3 decades, the number of people reaching retirement age is expected to increase from 18. 2 % of the UK population to 22. 3 %. The rise of the proportion of people over 80 will be even more perceptible. At the same time the number of people less than 20 years old is expected to fall from 25. 1 % to 21. 9 %. This change in the structure of the population has a lot of importance for savings, investments and government expenditure. Accordin...
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Federal Income Tax George W Bush
3,091 wordsThe federal progressive income tax has been an issue that has been argued on the floors of Congress, in front of the United States Supreme Court, in front of television cameras, and around the dinner table. The tax served its purpose in supplementing revenue during the Civil War and World War I, but continued taking from Americans? income in peacetime, allowing fewer dollars to be spent on goods and services. When the American government was in a deficit, it was harder to argue for the abolishme...
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Asset Allocation Capital Gains
2,175 wordsPORTFOLIO MANAGEMENT AND DIVERSIFICATION Introduction: Portfolio management is a conglomeration of securities as whole, rather than unrelated individual holdings. Portfolio management stresses the selection of securities for inclusion in the portfolio based on that security's contribution to the portfolio as a whole. This purposes that there some synergy or some interaction among the securities results in the total portfolio effect being something more than the sum of its parts. When the securit...
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