ARE ANNUNITIES BACK BY THE STATE GOVERNMENT OR SOME OTHER INSURSNCE COMPANIES.
sjs
No. But most variable annuities and fixed deffered annuities are backed by the State Gurantee Association, which is a government agency similar to the fdic
The Federal and state governments both have the power to tax because they each have separate expenses in a budget. State governments tax to help pay for state programs. Federal governments tax to help pay for Federal programs.
The state and the federal governments create statutory law.
federal and state governments.
Federal system
By dividing some responsibilities between the federal and state governments
they do
The relationship between federal and state governments is dynamic and is affected by the policies of the president and of Congress
There are some powers, known as concurrent powers, that are shared between state and federal governments. For example, both governments can collect taxes and enact laws.
No; federal governments have to be bicameral in order to have representation from subnational units.
By giving federal grant
Concurrent