Word: capita
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...when Congress first equalized the federal income tax to remove the “single’s tax,” the personal exemption (then $600) was equal to 41 percent of average per capita income. Incomes and taxes have rapidly inflated since then, but the exemption has not kept pace and is now only about 10 percent of average per capita income. While the Earned Income Tax Credit has made up some of the slack, a much greater tax burden is borne by home educating families than should be. The personal exemption should be returned to its original...
...peers would be the likes of Mexico and Argentina. Its UN Security Council veto power may have given it equal importance to Germany and France in the European camp opposing the war in Iraq, but it remains an economic minnow by European standards - if Russia's GDP per capita doubles in the next decade, it would equal today's figure for Portugal...
Booming Bangalore represents the Indian economy in fast-forward, one that is growing at more than 8% annually, double the rate of the U.S.'s. Of course, India is still poor by comparison--average annual per capita income is a mere $480 nationally. But the outsourcing wave from the U.S. has provided an outlet for the thousands of technically astute, English-speaking graduates pouring out of India's elite universities. These kids are earning--and spending--as never before...
...Disney characters. The list prohibits, among other things, indentured servitude and "slavery." Yang thinks that's funny. His laborers come from villages across China to work 8-to-10-hour days for up to $120 a month and consider that a good deal in a nation where urban per capita income is $86 per month. Looking up from her C cups, Lou Xuxiao, 20, brags about the new electric moped "I never thought I'd own." While Yang is sowing prosperity in China, the U.S.'s new penchant for protectionism could bust his big plans. Asset Underwear, which grossed...
...goal is a per capita income of $7,000, compared to $4,000 when I took office, and to reduce extreme poverty by 30%. And we'll do it because we're finally moving away from the attitude in Mexico that the U.S. is to blame for our poverty...