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  2. Tax deduction - Wikipedia

    Tax deduction is a reduction of income that is able to be taxed and is commonly a result of expenses, particularly those incurred to produce additional income. Tax deductions are a form of tax incentives, along with exemptions and credits. The difference between deductions, exemptions and credits is that deductions and exemptions both reduce ...

  3. FairTax - Wikipedia

    FairTax was a single rate tax proposal in 2005, 2008 and 2009 in the United States that includes complete dismantling of the Internal Revenue Service. The proposal would eliminate all federal income taxes (including the alternative minimum tax, corporate income taxes, and capital gains taxes), payroll taxes (including Social Security and Medicare taxes), gift taxes, and estate taxes, replacing ...

  4. Employment - Wikipedia

    Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work.

  5. Wage - Wikipedia

    It is an obligation to the employee regardless of the profitability of the company. Payment by wage contrasts with salaried work , in which the employer pays an arranged amount at steady intervals (such as a week or month) regardless of hours worked, with commission which conditions pay on individual performance, and with compensation based on ...

  6. Economy of Puerto Rico - Wikipedia

    On 10 May 2006, the budget crisis was resolved with a new tax reform agreement so that all government employees could return to work. On 15 November 2006, a 5.5% sales tax was implemented. Municipalities are required by law to apply a municipal sales tax of 1.5% bringing the total sales tax to 7%.

  7. History of health care reform in the United States - Wikipedia

    The senator proposed to replace special tax breaks for persons with employer-based health care coverage with a universal system of tax credits. These credits, $2,500 for an individual and $5,000 for a family would be available to Americans regardless of income, employment or tax liability.

  8. News International phone hacking scandal - Wikipedia

    28 June 2012: A 31-year-old man who is a National Health Service employee is arrested on the charge of corruption. 5 July 2012: Daily Mirror reporter Grieg Box-Turnbull is arrested on suspicion of bribery and causing misconduct in a public office. Also arrested were a 45-year-old male Prison Officer and a 50-year-old woman.

  9. Impact of the COVID-19 pandemic on the arts and cultural ...

    Initial analysis of the bill by the AAM indicated several ways that aid could be applicable to the arts and culture sectors. These included: Emergency Small Business Loans, Economic Injury Disaster Loans, a Charitable Giving Incentive, and an Employee Retention Payroll Tax Credit.