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The top 10% richest American households had an average of $8.1 million in all assets put together, which may include real estate, cash value life insurance, savings bonds etc.
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The average household size was 2.74 persons and the average family size was 3.25 persons. In the county, the population was spread out, with 26.80% under the age of 18, 10.40% from 18 to 24, 33.00% from 25 to 44, 22.10% from 45 to 64, and 7.70% who were 65 years of age or older. The median age was 33 years.
132 billion gold marks ($31.5 billion, 6.6 billion pounds) were demanded from Germany in reparations, of which only 50 billion had to be paid. In order to finance the purchases of foreign currency required to pay off the reparations, the new German republic printed tremendous amounts of money – to disastrous effect.
Controls and taxes. Federal tax policy was highly contentious during the war, with President Franklin D. Roosevelt opposing a conservative coalition in Congress. However, both sides agreed on the need for high taxes (along with heavy borrowing) to pay for the war: top marginal tax rates ranged from 81% to 94% for the duration of the war, and the income level subject to the highest rate was ...
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A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.
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