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How can an unelected bureaucracy remain accountable to the citizenry it is supposed to serve?
Original Issue Discount
The difference between the par (face) value of a bond and the lower price at which it was originally sold, which must be reported as interest income over the life of the bond.
Tax-exempt Debt
Debt securities issued by state or municipal governments whose interest payments are exempt from federal income tax, and sometimes state and local taxes.
Compensation for Injuries
Payments received as a result of injury or sickness, which can include damages for physical discomfort or emotional distress.
Employer-provided Adoption Assistance
Benefits provided by an employer to an employee to help cover some of the costs associated with adopting a child.
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