California’s top fiscal problem is an ever-growing burden of government spending. In case anyone thinks that is just empty rhetoric, the state budget over the past three decadeshas risen at twice the rate of inflation. One consequences of ever-expanding government is that California arguably has...
Non Taxable Income Non taxable income includes: ● Interest earned on deposits with credit institutions / banks and on life insurance policies; ● Compensation paid under life / non-life insurance policies; ● Retirement pensions paid under the Social Insurance law (or the foreign equivalent); ●...
Taxation is a financial charge which can be classified into direct or indirect taxes and may be paid in money. Many countries do not impose any tax at all, or sometimes impose very low tax rate for a certain area of taxation. The purpose of Taxation Homework Help is to help Students who...
PensionsSuperannuationIn common with many countries, New Zealand provides a comprehensive range of social security benefits for its residents. As New Zealand has traditionally been a country that attracts migrants and, more recently, a source of migrants for other countries, cross-border issues ...
However, moves to privatize existing public hospitals, beginning in 1992, met with much public opposition, and it was debated whether services and efficiency had been improved. Unemployment benefits and social security pensions to the aged, the disabled, widows, and single parents are paid by the...