The existing laws covering libel in this country are thought by many to be inadequate. Under the existing conditions many children are going hungry. More examples
To determine their payment using the income formula, subtract $20,700 (filing threshold) from $70,000 (2016 household income). The result is $49,300. Two and a half percent of $49,300 equals $1,232.50.
How much does this tax cost? In 2018, the thresholds are $10,200 for single coverage and $27,500 for family coverage. In the case of retirees over age 55 and individuals employed in high-risk professions, these thresholds are increased to $11,850 and $30,950 for individuals and families, respectively.