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The Nonadmitted and Reinsurance Reform Act of 2010 is a United States law regulating the sale of insurance in states where the insurer is usually not authorized to sell insurance. It prevents states other than the home state of a U.S. insurance company from imposing regulations or taxes on the sale of nonadmitted insurance.
The Illinois–Indiana–Kentucky tri-state area is a tri-state area where the U.S. states of Illinois, Indiana, and Kentucky intersect. The area is defined mainly by the television viewing area and consists of ten Illinois counties, eleven Indiana counties, and nine Kentucky counties, centered upon the Ohio and Wabash Rivers.
Taxation in the United States. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table includes the per capita tax collected at the ...
Then in 2018, the General Assembly reduced the corporate tax rate from 6% to 5%, and changed the way some corporations calculate their taxes by removing property and payroll, which distilleries ...
People like Arthur Laffer, who came to Kentucky in 2017 to tout his trickle-down philosophy, claim tax cuts will pay for themselves in the resulting economic growth. George H. W. Bush rightly ...
Kentuckians saw their income taxes reduced from 5% to 4.5% as the new year began. The Kentucky House just voted 79-19 to lower it again on Thursday – this time to 4% starting next year.
Federal tax policy was highly contentious during the war, with President Franklin D. Roosevelt opposing a conservative coalition in Congress. However, both sides agreed on the need for high taxes (along with heavy borrowing) to pay for the war: top marginal tax rates ranged from 81% to 94% for the duration of the war, and the income level subject to the highest rate was lowered from $5,000,000 ...
John Brown. The nullification crisis was a sectional political crisis in the United States in 1832 and 1833, during the presidency of Andrew Jackson, which involved a confrontation between the state of South Carolina and the federal government. It ensued after South Carolina declared the federal Tariffs of 1828 and 1832 unconstitutional and ...