The term “Trump Tax Cuts” refers to the Tax Cuts and Jobs Act (TCJA) signed into law by President Donald Trump in December 2017. The TCJA was the most significant overhaul of the U.S. tax code in more than 30 years, reducing tax rates for individuals and corporations. Understanding the Trump Tax Cuts 1. Key Read more
The term “Step Up Basis Loophole” refers to a provision in tax law that allows the cost basis of an inherited asset to be adjusted (stepped up) to its value at the time of the owner’s death. This provision can significantly reduce the capital gains tax owed when the asset is eventually sold by the Read more
These laws allow employees to work without being forced to join a union or pay union dues, even in unionized workplaces. In this article, we will briefly explain what Right to Work laws are, provide some examples, and discuss their pros and cons. What are Right to Work laws? Right to Work laws are state-level Read more
It is important to understand the fundamental principles that govern the American political system. The 27th Amendment is an essential component of the United States Constitution that regulates how the government can change the salaries of its elected officials. In this guide, we will delve into the meaning, purpose, and impact of the 27th Amendment, Read more
Pareto’s Law and Zipf’s Law are two principles that are often used to analyze and understand patterns in different fields. While they are different in many ways, there is a correlation between these two laws that can help us gain a better understanding of how they relate to each other. Pareto’s Law, also known as Read more
Pareto’s Law, also known as the 80/20 rule, is a principle that states that roughly 80% of effects come from 20% of causes. In other words, a small number of factors are responsible for a large portion of the results we see. This concept can be applied to many different fields, from business to personal Read more
Zipf’s Law is a mathematical principle that describes the frequency of occurrence of words or other units in a large body of text. In this article, we’ll explain what Zipf’s Law is and how it works, and explore some of its implications for language and communication. Zipf’s Law is named after the linguist George Kingsley Read more