The standard deduction amount depends on your filing status, whether you are 65 or older or blind, and whether another taxpayer can claim an exemption for you. Generally, the standard deduction amounts are adjusted each year for inflation. The standard deduction amounts for most people are shown in Table 20-1.
According to the CIA World Factbook the United States of America's government type is a Constitution-based federal republic with a strong democratic tradition. Broken down further... Constitution-based: The Constitution of the United States of America acts as the highest and supreme law of the Union.
Types of Governments Governments can be classified into several types. Some of the more common types of governments are: 1. Democracy The word democracy literally means rule by the people.. In a democracy, the people govern. 2. Republic A literal democracy is impossible in a political system containing more than a few people. All democracies are really republics. In a republic, the people elect representatives to make and enforce laws. 3. Monarchy A monarchy consists of rule by a king or queen.