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Franklin is a biographical drama miniseries about the United States Founding Father Benjamin Franklin, based on Stacy Schiff 's 2005 book A Great Improvisation: Franklin, France, and the Birth of America. It was released on Apple TV+ on April 12, 2024. [1] The series depicts the eight years Benjamin Franklin spent in France to convince King ...
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Maximum wage. A maximum wage, also often called a wage ceiling, is a legal limit on how much income an individual can earn. [1] It is a prescribed limitation which can be used to effect change in an economic structure, but its effects are unrelated to those of minimum wage laws used currently by some states to enforce minimum earnings. [2]
Massachusetts is the second wealthiest state in the United States of America, with a median household income of $89,026 (as of 2021), [1] and a per capita income of $48,617 (as of 2021). [2] Many of the state's wealthiest towns are located in the Boston suburbs. This area includes a high concentration of wealthy cities and towns just to the ...
The Revenue Act of 1935, 49 Stat. 1014 (Aug. 30, 1935), raised federal income tax on higher income levels, by introducing the "Wealth Tax". [1] It was a progressive tax that took up to 75 percent of the highest incomes (over $1 million per year). [2] The Congress separately also passed new taxes that were regressive, especially the Social ...
Great Compression. The Great Compression refers to the period of substantial wage compression in the United States that began in the early 1940s. During that time, economic inequality as shown by wealth distribution and income distribution between the rich and poor became much smaller than it had been in preceding time periods.
Benjamin Franklin FRS FRSA FRSE (January 17, 1706 [ O.S. January 6, 1705] [Note 1] – April 17, 1790) was an American polymath, a leading writer, scientist, inventor, statesman, diplomat, printer, publisher, and political philosopher. [1] Among the most influential intellectuals of his time, Franklin was one of the Founding Fathers of the ...
Standard of living is generally measured by standards such as inflation-adjusted income per person and poverty rate. Other measures such as access and quality of health care, income growth inequality, and educational standards are also used. Examples are access to certain goods (such as the number of refrigerators per 1000 people), or ...