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...that remains the global leader in attracting cash from overseas. The number of tax exiles living there shot up from 2,394 in 2003 to 4,175 in 2006, according to consulting firm KPMG, and they poured around $917 million into its tax system in 2006 alone. The central government lets foreigners negotiate how much tax they pay directly with whichever of the country's 26 cantons they move to; an annual lump sum is calculated, based on five times the rental value of the expat's Swiss home. Rates average around 30%, but vary among cantons - in Geneva, taxes...

Author: /time Magazine | Title: Take the Money and Run | 2/6/2008 | See Source »

...approximately 95 who piled onto the chartered Jet Blue Airbus 320 that flew the whole show from Newark to San Diego and finally to Phoenix on Super Tuesday. After a crowded, chaotic press conference featuring Rudy Giuliani and former New York Governor George Pataki in New York's Grand Central Station Monday afternoon - a press conference at which McCain took just three questions - Mark Salter, the candidate's close adviser and speechwriter, shook his head. "We're not used to being this big," he said with a scowl as he looked at his watch. "We've been late...

Author: /time Magazine | Title: McCain: Frail with the Far Right | 2/6/2008 | See Source »

...place in this smart Guangzhou hotel with its marble-lined lobby. And despite the generosity of his employer, he confesses, he'd rather be elsewhere - eating a traditional reunion feast with his family in Shanghe county, then maybe watching the New Year's Eve gala broadcast on China Central Television. "I really wanted to make it home," says Zang, "but I couldn't this year...

Author: /time Magazine | Title: A Bitter Beer with the Boss | 2/6/2008 | See Source »

...nice idea: we all have euros in our pockets, and usually the designs are chosen by central banks," says Michael Tscherny, a partner at political and media consultant GPlus Europe, in Brussels. "It gives people a sense that they have a voice...

Author: /time Magazine | Title: Europe's Pocket-Change Democracy | 2/5/2008 | See Source »

...expected to vote by postal ballot in their home states. Republicans Abroad U.K. holds fundraisers and social get-togethers such as the first meeting of its Young Republican branch, a staid gathering where some two dozen fresh-faced professionals and students met up, also on Super Tuesday, in a central London bar. One of their number, banker Allison Bruneau, 28, says she's encountered a view among Britons that supporters of President Bush "drive pick-up trucks" and pine for slavery. "One of the things that's really frustrated me is this feeling that to be at all interested...

Author: /time Magazine | Title: The Global Primary Starts Too | 2/5/2008 | See Source »

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