Georgia taxes individual income across six tax brackets at graduated tax rates. For single filers: 1% for the first $750 of taxable income. 2% for taxable income between $751 and $2,250. 3% for taxable income between $2,251 and $3,750. 4% for taxable income between $3,751 and $5,250.
DEFINITION of 'Fair Labor Standards Act-FLSA'. A United States law which sets out various labor regulations regarding interstate commerce employment, including minimum wages, requirements for overtime pay and limitations on child labor.
Fair Labor Standards Act of 1938: Maximum Struggle for a Minimum Wage. On Saturday, June 25, 1938, to avoid pocket vetoes 9 days after Congress had adjourned, President Franklin D. Roosevelt signed 121 bills. Among these bills was a landmark law in the Nation's social and economic development -- Fair Labor Standards Act of 1938 (FLSA).