Examlex
When applying the limitations of the passive activity rules,a taxpayer's AGI is classified into active income,portfolio income and passive income.For this purpose,portfolio income includes dividends,interest,annuities,and royalties.
U.S. Senate
One of the two chambers of the United States Congress, comprised of elected representatives from each state, responsible for making federal laws, approving treaties, and conducting impeachment trials.
Labor Force
The total number of people, both employed and unemployed, actively seeking work in a specified economic area.
Agriculture
The science, art, and business of cultivating soil, producing crops, and raising livestock; it is a fundamental component of the economy and food supply.
Legal System
A comprehensive system for interpreting and enforcing laws within a given jurisdiction.
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