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Word: bitingly (lookup in dictionary) (lookup stats)
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What does STEVE JOBS have to do to get some respect? Apple's co-founder is finally back at the core of the company and beginning to put a bite on its decline, but he's still a nobody to security guards. Following his keynote address at the Mac World convention in New York City, Jobs suddenly found himself barred from the main show floor by a zealous young security guard who observed that Jobs didn't have the appropriate pass. When the many Appleistas with him offered him theirs, the security guard threatened to confiscate the passes and call...

Author: /time Magazine | Title: People: Jul. 20, 1998 | 7/20/1998 | See Source »

...more than $10,000. Thus you shield a larger part of your estate. And if you're a control freak, the best part is that only you, the general partner, can liquidate assets. Hint: investment gains are taxable, so let the heirs cash out enough to pay the tax bite...

Author: /time Magazine | Title: Use It Or Lose It | 7/13/1998 | See Source »

...works best for a vacation home because you're not parting with the house you live in and because heirs inherit the house at a low cost. And if they sell, they face a whopping capital-gains tax. Still, without the trust, estate taxes would claim an even bigger bite...

Author: /time Magazine | Title: Use It Or Lose It | 7/13/1998 | See Source »

...code. Nothing is simple. That treatment would remove a so-called marriage bonus now enjoyed by 25 million "dominant earners." A single person making $60,000 pays about $11,599 to the IRS. But if that person marries, and the spouse stays home with the kids, the tax bite drops about...

Author: /time Magazine | Title: The Marriage Tax | 7/6/1998 | See Source »

...tour, which means it would end up costing them $20 million to perform four dates at home. The Stones will tour Britain eventually, just as soon as that new financial year rocks around, in June 1999, when they will be taxed on those dates alone. "I was tempted to bite the bullet," said Mick Jagger to an outraged British press, "but I'm not the only one affected...

Author: /time Magazine | Title: People: Jun. 22, 1998 | 6/22/1998 | See Source »

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