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The U.S. public debt was $909 billion in 1980, an amount equal to 33% of America's gross domestic product (GDP); by 1990, that number had more than tripled to $3.2 trillion – 56% of GDP. [375] In 2001 the national debt was $5.7 trillion; however, the debt-to-GDP ratio remained at 1990 levels. [ 376 ]
In 2017, a federal endowment tax was enacted in the Tax Cuts and Jobs Act of 2017 in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and net assets of at least $500,000 per student. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time.
Bank of America: Financials 171,912 ... (USD millions) 1 Apple: Electronics 96,995 2 ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 ...
It has a large base of low wealth holders, alongside upper tiers occupied by progressively fewer people. In 2013 Credit-suisse estimate that 3.2 billion individuals – more than two thirds of adults in the world – have wealth below US$10,000. A further one billion (adult population) fall within the 10,000 – US$100,000 range.
The following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as of 2024.
In Q4, we opportunistically addressed a portion of our 2025 debt refinancing needs, successfully issuing $1.2 billion in senior unsecured notes at an average coupon of 5.2% and average tenor of 7. ...
[37] [38] On June 1, 2018, this was extended on the European Union, Canada, and Mexico. [38] Separately, on May 10, the Trump administration set a tariff of 25% on 818 categories of goods imported from China worth $50 billion (~$59.8 billion in 2023). [39] The only country which remained exempt from the steel and aluminum tariffs was Australia.
Ladies and gentlemen, greetings, and welcome to the Flywire Corporation fourth quarter and full year 2024 earnings conference call. At this time, all participants are in a listen-only mode.