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The Elementary and Secondary School Emergency Relief Fund, also known as ESSER. [1] is a $190 billion program created by the U.S. federal government's economic stimulus response bills, the Coronavirus Aid, Relief, and Economic Security Act (), Consolidated Appropriations Act, 2021, the American Rescue Plan Act of 2021 (ARP Act), passed by the 116th and 117th U.S. Congress.
In 1942, to help fund World War II, the federal government took over the raising of all income tax, to the exclusion of the States. The loss of the states' ability to raise revenue by income taxation was offset by federal government grants to the states and, later, the devolution of the power to levy payroll taxes to the states in 1971. [1]
The Charities Aid Foundation (CAF) is a registered UK charity [2] that operates in the United Kingdom, the United States of America and Canada. It works with companies, private philanthropists, regular donors, fellow foundations, governments, charities and not-for-profit enterprises to enable them to give more.
Teo Cheng Kiat (张振杰 Zhāng Zhènjíe; born 1953) is a Singaporean who was known for embezzling $35 million from Singapore Airlines (SIA) while he was still employed there, and the embezzlement lasted for 13 years between 1987 and 2000 before the detection of his criminal deeds and subsequent capture. Teo was charged with 26 charges of ...
The International Rescue Committee (IRC) is a global humanitarian aid, relief, and development nongovernmental organization. [3] Founded in 1933 as the International Relief Association, at the request of Albert Einstein, and changing its name in 1942 after amalgamating with the similar Emergency Rescue Committee, the IRC provides emergency aid and long-term assistance to refugees and those ...
GIC Private Limited is a Singaporean sovereign wealth fund that manages the country's foreign reserves.Established by the Government of Singapore in 1981 as the Government of Singapore Investment Corporation, from which the acronym "GIC" is derived, its mission is to preserve and enhance the international purchasing power of the reserves, with the aim to achieve good long-term returns above ...
The most common payroll taxes are FICA taxes that fund Social Security and Medicare. Capital gains are currently taxable at a lower rate than wages , and capital losses reduce taxable income to the extent of gains.
The Cantor Fitzgerald Relief Fund provided $10 million to families affected by Hurricane Sandy. Howard Lutnick and the Relief Fund "adopted" 19 elementary schools in impacted areas by distributing $1,000 prepaid debit cards to each family from the schools. [28] A total of $10 million in funds was given to families affected by the storm. [29]