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.
The USA is a Constitutional Republic, which is the most FREE and secure form of government. Historically, Republics have been downgraded to greedy democracies, chaotic anarchies, and are finally ruled by dictators under an oligarchy. Our FREE Market & FREE-Enterprise economic system is NOT a form of government. Anarchy: Chaos; Ruled by Nobody