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News Bank of America settles excessive overdraft fee lawsuit
Bank of America settles excessive overdraft fee lawsuit
Aman Kakar
February 8, 2011 08:02:13 am

Bank of America (BOA) has reached a $410 million settlement in a class action suit accusing the bank of excessive overdraft fees, according to documents submitted Friday in the US District Court Southern District of Florida [official...

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News Rights group accuses Indian security forces of human rights violations
Rights group accuses Indian security forces of human rights violations
Aman Kakar
February 2, 2011 01:30:59 pm

The human rights advocacy group Human Rights Watch (HRW) released a report on Tuesday accusing Indian security forces of committing human rights violations in response to terrorist attacks and urging reforms in the country's justice system....

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News Illinois governor signs civil union bill into law
Illinois governor signs civil union bill into law
Aman Kakar
February 1, 2011 09:13:24 am

Illinois Governor Pat Quinn (D) signed a bill on Monday legalizing same-sex civil unions in the state. The "Illinois Religious Freedom and Civil Union Act," seeks to provide "adequate procedures for...

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News Accused Nazi dies before US citizenship trial
Accused Nazi dies before US citizenship trial
Aman Kakar
February 1, 2011 08:04:43 am

Accused Nazi war criminal and US citizen Peter Egner passed away last week at a retirement community in Bellevue, Washington. A US trial to revoke Egner's citizenship was scheduled to begin on February 22 ...

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News Arizona federal judge declares judicial emergency
Arizona federal judge declares judicial emergency
Aman Kakar
January 26, 2011 01:13:59 pm

The US Courts for the Ninth Circuit announced on Tuesday that Chief Judge Roslyn Silver of the US District Court of Arizona has declared a judicial emergency under the Speedy Trial...

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News Accused Arizona gunman pleads not guilty to attempted murder
Accused Arizona gunman pleads not guilty to attempted murder
Aman Kakar
January 25, 2011 08:12:57 am

Accused Arizona gunman Jared Lee Loughner pleaded not guilty on Monday to three federal charges in the US District Court for the District of Arizona . Loughner is charged with attempting to assassinate a member...

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News California judge approves landmark settlement in teacher layoff case
California judge approves landmark settlement in teacher layoff case
Aman Kakar
January 22, 2011 05:01:33 pm

Los Angeles County Superior Court Judge William F. Highberger approved a settlement on Friday effectively limiting the use of seniority in layoffs in the Los Angeles Unified School District (LAUSD) . The class action suit against...

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News For-profit schools file suit seeking to overturn new regulations
For-profit schools file suit seeking to overturn new regulations
Aman Kakar
January 22, 2011 03:22:51 pm

The Association of Private Sector Colleges and Universities (APSCU) on Friday filed suit against the US Department of Education (DOE) in federal court seeking to overturn three regulations promulgated by the department. The...

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News Italy court holds hearings on immunity law shielding Berlusconi from trial
Italy court holds hearings on immunity law shielding Berlusconi from trial
Aman Kakar
January 12, 2011 01:18:26 pm

The Italian Constitutional Court held hearings on Tuesday to determine the constitutionality of a law that grants temporary immunity to Prime Minister Silvio Berlusconi for charges he currently faces in Milan....

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News HRW urges greater efforts to close Guantanamo
HRW urges greater efforts to close Guantanamo
Aman Kakar
January 11, 2011 08:03:42 am

Human Rights Watch (HRW) on Monday urged President Barack Obama make greater efforts to close Guantanamo Bay despite congressional opposition. In the press release, issued on the eve of the facility's ninth...

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THIS DAY @ LAW

President Lincoln signed first US federal income tax act

On July 1, 1862, the Tax Act of 1862 was passed and signed by President Lincoln, establishing a 3% federal tax on income above $600 and a 5% tax on income above $10,000.

Compliance with the act was poor, even though there were needs for the Civil War. After the war the act was declared unconstitutional by the Supreme Court. Review a brief history of the US income tax from the Library of Congress.

UK returns Hong Kong to China

On July 1, 1997, the United Kingdom returned Hong Kong to China at the conclusion of a 99-year lease. The foundation for the transfer of power was set in December of 1984, when China and UK signed the Sino-British Joint Declaration on Hong Kong. The Declaration affirmed the handover of Hong Kong along with governing principles. Most significantly, the Chinese agreed not to impose their socialist system on Hong Kong.

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