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.
Currently workers covered by the Fair Labor Standards Act (FLSA) of 1938 must be paid at least time-and-a-half for each hour they work beyond 40 hours a week.