A territory is part of the United States, but it isn’t a state. The United States has five territories.
Category: Law and Politics
Tax Exemptions Explained
Section 151 of the Internal Revenue Code establishes the personal exemption (exemption). In 2017, the exemption is $4,050.
Tax Brackets Explained
In 2017, there are seven tax brackets. Let’s begin with the brackets for single filers.
Here’s How You Beat Your Bank
In Consumers Could Lose again, I discussed how Congress may repeal a rule issued by the Consumer Financial Protection Bureau (CFPB).
Consumers Could Lose Again
You have a hundred dollars in your account. You pay 20 dollars for gas. Later, you pay 30 dollars for a medical copay. Finally, you pay $110 for groceries. If you were a customer of Wells Fargo, the bank would reorder the transactions so that the grocery purchase appeared to have been made first. By… Continue reading Consumers Could Lose Again
The Children’s Health Insurance Program Explained
The Children’s Health Insurance Program (CHIP) is administered by the individual states within broad federal guidelines. Chip is jointly funded by the federal government and the individual state governments.
Graham-Cassidy Explained
Senators Lindsey Graham (R-SC) and Bill Cassidy (R-LA) are mounting one last effort to repeal and replace the Affordable Care Act. Their bill would make the following changes.
People With Disabilities Could Have Fewer Rights
The Americans With Disabilities Act (ADA) became law on July 26, 1990. Title III of the ADA deals with access to places of public accommodation.
Bernie Sanders Medicare for all Explained
Bernie Sanders has announced the Medicare for All Act of 2017 (Medicare for all). Medicare for all establishes the Universal Medicare Program (UMP).
Temporary Protected Status Explained
The Secretary of Homeland Security may designate a foreign country for Temporary Protected Status (TPS) based on conditions in a country that temporarily prevent citizens of that country from safely returning to that country, or when a country is unable to adequately handle the return of its citizens.