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  2. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    Discounts and allowances are reductions to a basic price of goods or services. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list ...

  3. Price discrimination - Wikipedia

    en.wikipedia.org/wiki/Price_discrimination

    An example is a high-speed internet connection shared by two consumers in a single building; if one is willing to pay less than half the cost of connecting the building, and the other willing to make up the rest but not to pay the entire cost, then price discrimination can allow the purchase to take place.

  4. Economic Growth and Tax Relief Reconciliation Act of 2001

    en.wikipedia.org/wiki/Economic_Growth_and_Tax...

    An act to provide for reconciliation pursuant to section 104 of the concurrent resolution on the budget for fiscal year 2002. The Economic Growth and Tax Relief Reconciliation Act of 2001 was a major piece of tax legislation passed by the 107th United States Congress and signed by President George W. Bush. It is also known by its abbreviation ...

  5. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    California has the highest base sales tax rate, 7.25%. Including county and city sales taxes, the highest total sales tax as of September 1, 2013, was in Arab, Alabama, 13.50%. [ 2] Sales tax is calculated by multiplying the purchase price by the applicable tax rate. The seller collects it at the time of the sale.

  6. George W. Bush - Wikipedia

    en.wikipedia.org/wiki/George_W._Bush

    George Walker Bush[ a] (born July 6, 1946) is an American politician and businessman who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, he also served as the 46th governor of Texas from 1995 to 2000.

  7. United States federal budget - Wikipedia

    en.wikipedia.org/wiki/United_States_federal_budget

    The United States budget comprises the spending and revenues of the U.S. federal government. The budget is the financial representation of the priorities of the government, reflecting historical debates and competing economic philosophies. The government primarily spends on healthcare, retirement, and defense programs.

  8. Presidency of Donald Trump - Wikipedia

    en.wikipedia.org/wiki/Presidency_of_Donald_Trump

    The administration had a higher turnover rate in the first two and a half years than the five previous presidents did over their entire terms. [ 6 ] By October 2019, one in 14 of Trump's political appointees were former lobbyists; less than three years into his presidency, Trump had appointed more than four times as many lobbyists than his ...

  9. Hyperinflation - Wikipedia

    en.wikipedia.org/wiki/Hyperinflation

    v. t. e. In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. [ 1]

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