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Created as a 50–50 joint venture between NBC and WWE-owned subsidiary WWE Properties International, Inc. [6] under the company name "XFL, LLC", the XFL was created as a "single-entity league;" instead of the franchise model used by the NFL and other major leagues, or the hybrid model where investors in the league are given operations over teams (as used in Major League Soccer), the XFL ...
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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