The IRS lets you deduct certain expenses from your gross wages, which reduces the taxable portion of your income. Lowering the amount you pay in federal and state taxes leads to more money in your pocket. Allowable pre-tax deductions are taken off the top of your earnings before taxes are assessed.
King Charles I had approved a request from George Calvert to establish a colony called the Province of Maryland (âTerra Mariaeâ) in 1632. But the Calvert family did not receive the Charter of Maryland until after George Calvert died. Now it was up to Cecil Calvert to establish and govern the new colony. Cecil was well educated, but he had did not have his fatherâs years of experience at governing colonies.
Also to get out of the taxes England was â¦giving their people. Jamestown, founded on May 14, 1607, was the first permanent English colony established in America. It was located on a peninsula of the James River in the present-day state of Virginia. It was named for King James I of England and here the first American representative government was established. One year before Jamestown was founded the King of England granted a charter to the Virginia Company of London. This charter gave the company the right to settle, explore and govern limited parts of the New World.