The laws and regulations set by the United States to apply to all of the people in the country. These are the supreme laws of the United States and take precedence over all other laws, rules, and regulations.
Asked in Economics, Federal Laws, US Government
List four ways in which the government's power to tax is limited?
1. Taxes can only be used for public purposes only. 2. Article 1, Section 9, Clause 5 declares that, "No Tax or Duty shall be laid on Articles exported form any State"... Prohibition of export taxes. 3. Direct taxes must be equally apportioned, evenly distributed, among the states. 4. Article 1, Section 8, Clause 1. "All duties, Imposts and Excises shall be uniform throughout the United States". Which means that all of the indirect taxes levied by the Federal Government must be set as the same ratein all parts of the country.
Asked in Federal Laws, Social Security
How much is a person allowed to make monthly while on Social Security disability insurance?
Asked by Antonia Bins in Mattresses, Federal Laws
What will happen to me if I remove the "do not remove" tag on my mattress?
Asked in Local Laws, State Laws, Federal Laws
What are the laws for parking in front of a mailbox?
Asked in Federal Laws
IS 700 mutual aid agreements and assistance agreement provides?
Asked in Federal Laws, State Laws
Can a felon get a contractors license in north Carolina?
Asked in Criminal Law, State Laws, Federal Laws
How does a convicted nonviolent felon restore his gun rights in Georgia?
Does an individual pay FICA taxes on Social Security income?
Describe one way the Executive Branch of your national government can check the power of the Legislative Branch?
Why is mercy killing bad?
What are some examples of federal laws and state laws?
Asked in Federal Laws, Fraud
Is it fraud if someone purposefully used your mailing address as their own without permission?
Asked in Federal Laws
What does the second treatise of government support?
Why can't banks be closed for more than 3 days straight?
This is a perpetuated myth; a fallacy. There is NO federal law or regulation that requires financial institutions (FIs) to be open on certain days or that prohibits them from closing for a specified number of consecutive days. "The Federal Deposit Insurance Corporation Improvement Act of 1991 (Pub. L. 102--242, 105 Stat. 2236) (FDICIA) was enacted on December 19, 1991. Section 228 of the FDICIA added a new section 42 to the Federal Deposit Insurance Act (12 U.S.C. 1831r--1) (FDI Act) that imposes notice requirements on insured depository institutions that intend to close branches." This law, however, is specific to "branch" closings which might have significant, long-term impact on local communities. As such, FIs are required to notify their prudential regulators and provide sufficient analysis and substantiation for such permanent closings. For those who might disagree, please provide a regulatory citation for your position.