Net Investment Income Tax The Net Investment Income Tax, also known as the Medicare Contribution Tax, is a 3.8% tax on net investment income of individuals, estates, and trusts further detailed in Code Section 1411 of the Internal Revenue Code. Taxpayers subject to the 3.8% surtax must pay this tax in addition to the Medicare tax on earned income. Individuals who are nonresident aliens, dual-resident, or dual status are not subject to the Net Investment Income Tax. Origin The Net Investment…
After belittling Germany, putting her in severe financial distress and causing the Weimar government to fall apart, the nationalistic citizens of Germany thought it necessary to make a return and grappled on the little thought of resurrection and hope that Adolf Hitler brought with him. In a mere six years, the German dictatorial regime led to World War II. Such events like the unfair treaty of Versailles, the seductive Nazi propaganda, the sheer speed of the events as well as Britain and…
When the black panther party started in 1966 they would patrol black neighborhood only to stop police brutality from happening. This group of 4 friends would create an empire that would grow to be known all over the nation. From helping black neighborhood to helping public figures like malcolm x get there point across the world about discrimination that used to plague our nation as a whole. The black panther party is important to our history because without them getting their point across the we…
Besides Robinson and Hammer, countless other women contributed to the Civil Rights Movement. They arranged car pools and sold cakes and pies to help pay for alternative transportation during the bus boycott and led smaller organizations. Most of these African American women were just serving as volunteers. They were in the churches to cook the meals and to make sure that all the preparations were made. They cleaned up after the rallies and made sure everything was in place for the next one. They…
Symbolism by definition is the usage of certain objects or signs to stand for bigger meanings, concepts or ideas. In the first cartoon the beaten up man with that head which looks like the earth is a symbol for the earth, the cartoonist meant by that image to show people the bad effects of overpopulation on the earth, and that earth will no longer be able to face this problem or handle its effects. In the second cartoon the earth is being presented by a man or a boy being showered, the…
The life of Benjamin Franklin, an American mastermind, is purely breathtaking. His ability to accomplish so much within his life is proof of the American Dream. Not only did Franklin have a scientific life, but he also has a political life. Although first a strong supporter of the English crown and Parliament, Franklin later becomes a powerful and important contributor to the American Revolution. This paper will argue that Franklin’s reason for his shift is simply because of Great Britain’s…
The Roman Republic is traditionally dated from 509 BC to 27 BC, becoming established with the overthrow of the Roman Kingdom and was destroyed with the development of the Roman Empire. When considering the fall of the Roman Republic, it is clear that the reorganisation of the army, particularly through the actions of Marius, Sulla and Caesar, contributed greatly to the disempowerment of the Senate and therefore the Republic. Through the undoubtedly instrumental Marian reforms, the Roman social…
Education Reform Movement As new settlers made their way to America, a push towards education began in hope of keep some aspect of their lives the same. One group of new comers where the Pilgrims. They believe strongly in reading the bible in order to keep their faith alive. This meant that the literacy rate between Pilgrims was higher than with colonists because of wanting to keep their faith alive and connected with their past ancestors to their children. The women would teach the children…
When Taizong helped overcome the Sui Dynasty, the leaders of most of central and eastern China, he did so with the goal to create a unified, dominant Empire that would become a model to all other nations. From his earliest goals of standardizing the Dynastic history of the continent to his ability to seamlessly merge new practices with the old elite families, Taizong’s governance and decrees were admired by surrounding territories. His leadership and government planning especially attracted the…
Abraham Lincoln was beloved for his determination to abolish slavery. Many southern slave owners were angry because Lincoln was depleting them of workers in the field. They’re chances of keeping those workers are very slim since the president is also against it. It’s as if they were hanging on to a limb of slavery. Bringing us to a question of why Abraham Lincoln was assassinated. The Emancipation Proclamation was the finish line for slaves on their way to being free. It gave slaves hope that…