U.S. News Review. On the same strip of Montego Bay sand as Secrets Wild Orchid, Secrets St. James offers all the amenities of a luxury all-inclusive on the beach, but it's only 14 miles from Sangster International Airport.
Personal exemption (United States) Under United States tax law, a personal exemption is an amount that a resident taxpayer is entitled to claim as a tax deduction against personal income in calculating taxable income and consequently federal income tax. It has the effect of reducing income tax payable, even to tax-free level, but not so as to result in a tax refund.
Personal exemption (United States) - History. 1  The personal exemption amount in 1894 was $4,000 ($107,786 in 2014 dollars). 2  Over time the amount of the exemption has increased and decreased depending on political policy and the need for tax revenue. 3  The exemption amounts for years 1987 through 2017 are as shown at right.