The reason is simple: with older Los-Angeles-class fast-attack submarines (built between 1972 and 1996) retiring at a faster pace than Virginia subs are added, the U.S. Navy will face a shortfall in the number of active vessels in the near future.
The IRS says most taxpayers use the standard deduction. The standard deduction amount is different for each filing status and is higher for blind taxpayers and those who are age 65 or older. The amounts are also adjusted for inflation each year. 2016 tax return standard deductions
Most people who file, roughly two-third take the standard deduction instead of itemizing, said Chris Woehrle, assistant professor of taxation at The American College of Financial Services. The standard deduction is a fixed amount that the Internal Revenue Service will knock off your taxes with no questions asked. For tax year 2013, the standard deduction is $6,100 if you're single or filing separately from your spouse. The standard deduction for those married and filing jointly is $12,200. If you have deductions (supported with proper documentation, of course) that top these amounts, then it makes sense to itemize your return.