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...online novels started out free of charge, Shanda Literature's users now have to pay for the pleasure of online reading. But for most subscribers, the cost is minimal: they can access up to 75% of a book for free and pay only about 0.04 yuan (less than one cent) per 1,000 words for the rest of the book. In other words, it costs about one-tenth of the paperback price to read a book online. Right now, the company takes half of the readers' payment, and the other half goes into the writers' pocket...

Author: /time Magazine | Title: Avoiding Censors, Chinese Authors Go Online | 3/16/2009 | See Source »

...bill includes a proposed 19-cent increase to the state gas tax that would help stave off the MBTA’s projected $161 million deficit in the next fiscal year...

Author: By Shan Wang, CRIMSON STAFF WRITER | Title: MBTA May Up T Fare if Bill Goes Down | 3/11/2009 | See Source »

...help bridge the extraordinary $42 billion deficit next year by paying approximately $1,000 in additional taxes, fees and loss of dependent tax credits. And this figure will remain at that level only if we make no purchases for 12 months in an effort to avoid the new 1-cent-on-the-dollar increase in sales...

Author: /time Magazine | Title: With a New Budget, Now Californians Brace for the Pain | 2/21/2009 | See Source »

...will go up 0.25% and the dependent credit will drop from $300 to $100. Vehicle owners will now pay an annual license fee that is 1.15% of their car's value (up from 0.65%). One increase was avoided. In order to secure Republican Abel Maldonado's vote, a 12 cent on the gallon gas tax was nixed (Maldonado also included an open-primary measure and removed a stipulation that would have cost legislators their salaries during times of overdue budgets...

Author: /time Magazine | Title: With a New Budget, Now Californians Brace for the Pain | 2/21/2009 | See Source »

...start of Israel's offensive, one of Abbas' top aides said Hamas was "110 per cent" to blame for the Gaza attack - an unpopular, if not suicidal, stance among Palestinians, whose ire was directed at Israel. Even as the civilian death toll climbed, Abbas delayed several days before criticizing the Israeli offensive. In the West Bank, which Abbas controls by dint of the presence of the Israeli army, his security forces cracked down brutally on fellow Palestinians protesting the Israeli offensive. Palestinians ask why Abbas did not go to Gaza during the fighting to show solidarity with its residents...

Author: /time Magazine | Title: Rift Between Hamas and Fatah Grows After Gaza | 2/7/2009 | See Source »

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