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Instead of taking this route, Democrats plan to raise the income tax from a flat 5 percent to 6 percent for couples making $500,000 per year, 6.5 percent for couples making $600,000 per year, and 7.5 percent for couples making $750,000 per year. Businesses would bear a temporary 25 percent surcharge. Democrats think these hikes are fair. A couple making $600,000 per year would pay only $1000 more in income taxes...

Author: By Brian J. Bolduc | Title: Fuzzy Math | 7/1/2009 | See Source »

...Kennedy School eliminated 30 administrative positions and 17 adjunct faculty positions, half through staff attrition and half through direct layoffs, to help close a $5.6 million deficit exposed during the bear market...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HKS Cuts 18 Staffers To Close Budget Gap | 6/30/2009 | See Source »

...Cazenove Asia, a regional stock brokerage, and a 75% stake in another broker in India. Just as important, Sands has been beefing up the management ranks by hiring experienced bankers from troubled competitors. Since August 2007, StanChart has brought in about 100 senior executives from the likes of Bear Stearns, Lehman Brothers, Citigroup, UBS and others. "I think there are opportunities for us to significantly strengthen our franchise," says Sands. Analysts believe StanChart's nuts-and-bolts approach will continue to serve it well. "They are taking on less risk but making more money," says Daniel Tabbush, banking analyst with...

Author: /time Magazine | Title: Position Player | 6/29/2009 | See Source »

...Bear markets...

Author: /time Magazine | Title: A Fun-Free Recovery | 6/29/2009 | See Source »

...then challenge the audience to embrace the ambiguity of the illusion and to understand that, regardless, the Bill of Rights remains. Later, on another video, they parse the language of the Second Amendment and quibble with those who quibble over punctuation around the word "people" and their right to bear arms...

Author: /time Magazine | Title: The Day that Guns Came to Church in Louisville | 6/28/2009 | See Source »

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