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Pennsylvania (/ ˌ p ɛ n s ɪ l ˈ v eɪ n i ə / ⓘ PEN-sil-VAY-nee-ə, lit. ' Penn's forest country '), officially the Commonwealth of Pennsylvania [b] (Pennsylvania Dutch: Pennsylvanie), [7] is a US state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States.
Coupon (finance) In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond. [1] Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. [2]
The 50% top rate of income tax was reduced to 45% by the Conservative–Liberal Democrat coalition. [177] Alongside a reduction in tax and commitments to keep taxation low, the Conservative Party has significantly reduced government spending, through the austerity programme which commenced in 2010, subsequent to the 2007–2008 financial crisis .
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