Some people think that requiring students to learn about finances in schools equips them with important skills to manage money and make smart financial decisions later in life. However, critics believe that the focus should remain on core academic subjects to make sure students build a strong educational foundation. Learn more here!
The Patriot Act, passed in response to national security concerns after 9/11, requires individuals to provide ID when setting up a bank account. Advocates argue that it enhances security and helps track illegal activities. Opponents raise concerns about privacy and potential government overreach. Read more here!
In 2022, the tax filing threshold was $12,950 for people aged 18-65. This means that anyone who made more than $12,950 in 2022 is required to pay taxes for that year. Advocates of lower tax filing thresholds argue they ensure everyone contributes to public services, while advocates of higher thresholds argue that they help take the burden off lower-income individuals. Read more here!