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President’s family business has chosen a small player as a partner in its smartphone push

时间:2010-12-5 17:23:32  作者:Numbers   来源:Investigations  查看:  评论:0
内容摘要:But new lending is drying up. In 2025, debt repayments owed to China by developing countries will amount to $35bn. Of that, $22bn is set to be paid by 75 of the world’s poorest countries, putting health and education spending at risk, Lowy concluded.

But new lending is drying up. In 2025, debt repayments owed to China by developing countries will amount to $35bn. Of that, $22bn is set to be paid by 75 of the world’s poorest countries, putting health and education spending at risk, Lowy concluded.

The bill before the US Congress sets tax rates for universities based on their effective endowments per student – by dividing their total endowments by the number of full-time students at the institution.Earnings from investments made from endowments will be taxed, if the bill becomes law.

President’s family business has chosen a small player as a partner in its smartphone push

Have universities been taxed so far?Most colleges have not been taxed on their endowments for centuries.The Revenue Act of 1909 exempted educational institutions as nonprofits which operate for public interest “exclusively for religious, charitable, or educational purposes”. As a result, educational institutions did not pay taxes on their investment gains.

President’s family business has chosen a small player as a partner in its smartphone push

This changed during Trump’s first presidential term. In 2017, the US Congress passed the Tax Cuts and Jobs Act, which introduced a 1.4 percent tax on colleges with per-student endowments of at least $500,000, and at least 500 students who paid tuition. Hence, the tax applies only to some of the wealthiest institutions in the country.This endowment tax generated approximately $380m in 2023, from 56 universities that met the taxation bar.

President’s family business has chosen a small player as a partner in its smartphone push

What do Republicans want to do now?

On May 22, the Republican-controlled House of Representatives passed, with a 215-214 vote, what Trump and the legislation’s authors have called theDisplacing the displaced

About 75,000 Palestinians live in the Jenin, Nur Shams, Far’a and Tulkarem refugee camps. They were either displaced themselves or descended from those displaced during the Nakba (which means “catastrophe”) when roughly 750,000 Palestinians were forced from their homes by Zionist forces fromas part of the creation of Israel.

Now, at least 40,000 of those living in the West Bank refugee camps have been displaced as a result of Operation Iron Wall, according to the United Nations.As in Gaza, many of these people were forced from their homes on orders from the Israeli military, which researchers said have been “weaponised” against the local population.

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