The gross estate for federal estate tax purposes often includes more property than that included in the probate estate under the property laws of the state in which the decedent lived at the time of death.
The falling minimum wage has led to poverty and inequality. Today, at the federal minimum wage of $7.25 per hour, working 40 hours per week, 52 weeks per year yields an annual income of only $15,080. As shown in the figure, this is below the federal poverty line for families of two or more.f the federal minimum wage were raised to $10.10 per hour, as Sen. Tom Harkin (D-Iowa) and Rep. George Miller (D-Calif.) have proposed (depicted by the dotted line), it would bring a minimum-wage income back above the poverty line for a family of three.
Your annual salary is the amount that you will get paid in a year assuming you work the entire â¦ year at that salary. For example, if you are paid semi-monthly (such as US military pay, 1st and 15th of each month), and your annual salary is $24,000, your gross paycheck (before taxes) will be $2,000.hat is the annual salary of a barber? It depends on the amount of money made According to the U.S. Bureau of Labor Statistics the estimated mean annual wage for barbers as of May 2008 is, $26,610.