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Income shares model depend on that a child receive the same proportion of parental income and also it assumes that child costs reflect the spending necessary to restore a family's standard of living back to what it was prior to the divorce or having a child. It is very reasonable for the children who their parents divorced.
Guidelines for support orders may be based on laws that require obligors to pay a flat percentage of their annual income toward their children's expenses. Often two approaches are combined. In the United Kingdom, for instance, there are four basic rates of child support based on the obligors' income, which are then modified and adjusted based ...
Some states (such as California) automatically garnish up to 50% of pre-tax income to pay child support arrears. This can present a hardship in states whose cost of living is high. The Out of Reach report produced by the National Low Income Housing Coalition [119] sets 30% of household income as an affordable level for housing costs. After a ...
Family economics applies economic concepts such as production, division of labor, distribution, and decision making to the family.It is used to explain outcomes unique to family—such as marriage, the decision to have children, fertility, time devoted to domestic production, and dowry payments using economic analysis.
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An Indianapolis police officer is being praised for saving the life of a premature baby whose mom had no idea she was even pregnant. In bodycam footage, Kelly Chappell of the Indianapolis ...