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Some fringe benefits (for example, accident and health plans, and group-term life insurance coverage up to $50,000) may be excluded from the employee's gross income and, therefore, are not subject to federal income tax in the United States. Some function as tax shelters (for example, flexible spending, 401(k), or 403(b) accounts).
In March 2018, the CBO reported that ACA had reduced income inequality in 2014, saying the law led the lowest and second quintiles (the bottom 40%) to receive an average of an additional $690 and $560 respectively while causing households in the top 1% to pay an additional $21,000 due mostly to the net investment income tax and the additional ...
The difference in the growth of real income of the top 1% and the bottom 20% of Americans was 257%. The average increase in real, after-tax income for all U.S. households during this time period was 62% which is slightly below the real, after-tax income growth rate of 65% experienced by the top 20% of wage earners, not accounting for the top 1%.
The PLATO system was launched in 1960 at the University of Illinois and subsequently commercially marketed by Control Data Corporation.It offered early forms of social media features with innovations such as Notes, PLATO's message-forum application; TERM-talk, its instant-messaging feature; Talkomatic, perhaps the first online chat room; News Report, a crowdsourced online newspaper, and blog ...
1964 – The Special Child Rearing Allowance Law (Law No. 134) was enacted in Japan, and it provided – Special Allowance for Disabled Persons: Provided to those 20 years of age and over with degrees of disability requiring special care and attention in daily life due to serious disability either mental or physical. ¥26,230 per month with ...
This amendment to the law gave women in the workforce additional rights, recognizing the importance of their work. The law saw single women being entitled to a salary similar to that of her male peers working in the same job. The law had one problem though in that married women still required permission from their husbands to accept a job. [171 ...
According to Andrzej Antoszewski, Self-Defence was a radical left-wing party that by postulating the need to stop privatisation and protect workers' interests, often overlapped with neo-communist parties. [74] In English-language literature, the party is described as a radical left-populist party.