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A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
Project 2025 would reduce the tax on capital gains and qualified dividends for higher earners. The top rate is currently 20%, and the proposal calls for 15%. The plan would also eliminate the so ...
The 20% Project is responsible for the development of many Google services. Founders Sergey Brin and Larry Page advised that workers "spend 20% of their time working on what they think will most benefit Google". [21] Google's email service 'Gmail' was created by the developer Paul Buchheit on his 20% time. In his project "Caribou", Buchheit ...
The poverty rate rose from 12.5% in 2007 before the Great Recession to a 15.1% peak in 2010, before falling back to just above the 2007 level. In the 1959–1962 period, the poverty rate was over 20%, but declined to the all-time low of 11.1% in 1973 following the War on Poverty begun during the Lyndon Johnson presidency. [271]
In 2020, Luxembourg became the first country to provide free public transport across its entire territory. [ 1] Free public transport, often called fare-free public transit or zero-fare public transport, is public transport which is fully funded by means other than collecting fares from passengers. It may be funded by national, regional or ...
2020–2023 global chip shortage. Between 2020 and 2023, there was a worldwide chip shortage affecting more than 169 industries, [ 1] which led to major price increases, long queues, and reselling among consumers and manufacturers for automobiles, graphics cards, video game consoles, computers, household appliances, and other consumer ...