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Lyndon B. Johnson signing the Medicare amendment (July 30, 1965). Former president Harry S. Truman (seated) and his wife, Bess, are on the far right.. Originally, the name "Medicare" in the United States referred to a program providing medical care for families of people serving in the military as part of the Dependents' Medical Care Act, which was passed in 1956. [6]
In 1981, in an effort to keep it solvent, Reagan approved a plan for cuts to Social Security. He later backed off due to public backlash. [226] He then created the Greenspan Commission to keep Social Security financially secure, and in 1983 he signed amendments to raise both the program's payroll taxes and retirement age for benefits. [227]
19 July: Deadline for postal and temporarily absent voters to issue their votes. 21 July: Last day of official electoral campaigning and deadline for CERA citizens to vote in a ballot box in the relevant consular office or division [21] 22 July: Official 24-hour ban on political campaigning prior to the general election (election silence).
The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services.
Steele focused on low taxes, less government spending, free markets and national security. [60] Despite polls days before the election showing the race at a 3% margin, Cardin won by more than 10% with a 178,295-vote margin. Steele conceded defeat at 9:02 p.m. EST.
Professional tax collectors began to replace a system of "patronage" appointments. The IRS doubled its staff but was still processing 1917 returns in 1919. [21] Income tax raised much of the money required to finance the war effort; in 1918 a new Revenue Act established a top tax rate of 77%. People filing tax forms in 1920
Google between 2007 and 2010 saved $3.1 billion in taxes by shuttling non-U.S. profits through Ireland and the Netherlands and then to Bermuda. Such techniques lower its non-U.S. tax rate to 2.3 per cent, while normally the corporate tax rate in, for instance, the UK is 28 per cent. [227]
In July 2024, after the attempted assassination of Donald Trump, Musk endorsed him for president. [ 250 ] [ 251 ] During the presidential campaign , Musk joined Trump on stage at a campaign rally, [ 252 ] and during the campaign promoted conspiracy theories and falsehoods about Democrats, election fraud [ 253 ] and immigration, in support of Trump.