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The United States federal government and most state governments impose an income tax. They are determined by applying a tax rate, which may increase as income increases, to taxable income, which is the total income less allowable deductions. Income is broadly defined. Individuals and corporations are directly taxable, and estates and trusts may be taxable on undistributed income. Partnerships ...
Income and fertility is the association between monetary gain on one hand, and the tendency to produce offspring on the other. There is generally an inverse correlation between income and the total fertility rate within and between nations. [3] [4] The higher the degree of education and GDP per capita of a human population, subpopulation or ...
Corporate tax is imposed in the United States at the federal, most state, and some local levels on the income of entities treated for tax purposes as corporations. Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017. State and local taxes and rules vary by jurisdiction, though ...
The United Kingdom parliamentary expenses scandal was a major political scandal that emerged in 2009, concerning expense claims made by members of the British Parliament in both the House of Commons and the House of Lords over the previous years. [1] The disclosure of widespread misuse of allowances and expenses permitted to members of Parliament (MPs) aroused widespread anger among the UK ...
Income taxation in Greece is progressive. Income tax is payable by all individuals earning income in Greece, regardless of citizenship or place of permanent residence. Permanent residents are taxed on their worldwide income in Greece. [2] An individual in Greece is liable for tax on their income as an employee and on income as a self-employed person. In the case of an individual who is a ...
Maha Kutami (2009) The Maha Kutami ( transl. Grand Alliance) was an alliance formed ahead of the 2009 Andhra Pradesh Legislative Assembly and general elections. It was formed on 21 January 2009 by four political parties — the Telugu Desam Party, the Telangana Rashtra Samithi, the Communist Party of India (Marxist) and the Communist Party of ...
Income-driven repayment. Income-based repayment or income-driven repayment (IDR), is a student loan repayment program in the United States that regulates the amount that one needs to pay each month based on one's current income and family size.
Affluence refers to an individual's or household's economical and financial advantage in comparison to others. [1] It may be assessed through either income or wealth . In absolute terms, affluence is a relatively widespread phenomenon in the United States, with over 30% of households having an income exceeding $100,000 per year and over 30% of ...