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...Park's case awaits trial, law experts in Korea see this case as an opportunity to clean the books of laws that restrict freedom of speech, statutes they claim are aimed at rooting out the opposition. Says Park Kyungsin, a professor of law at Korea University, "There's definitely elements of authoritarianism in the nooks and crannies of our legal system...

Author: /time Magazine | Title: Seoul Cracks Down on an Internet Financial Guru | 1/22/2009 | See Source »

...print. But Genova and Barry and Suarez got filtered out, initially, which suggests that there are cultural sectors that conventional publishing isn't serving. We can read in the rise of self-publishing not only a technological revolution but also a quiet cultural one--an audience rising up to claim its right to act as a tastemaker...

Author: /time Magazine | Title: Books Gone Wild: The Digital Age Reshapes Literature | 1/21/2009 | See Source »

...Claim Your House as a Home Office Geithner spent the past few years as head of the Federal Reserve Bank of New York and made nearly $398,000 in 2007. Hook estimates that before deductions Geithner could owe as much as $130,000 in federal and state taxes for 2008, assuming his income last year was the same. On top of that, he will owe nearly $19,000 in property taxes on his 3½-bedroom home in Larchmont, N.Y. - an upscale suburb north of Manhattan - where he lives with his wife and two children...

Author: /time Magazine | Title: Tax Tips for Timothy Geithner | 1/21/2009 | See Source »

Geithner could lower his bill if he or his wife worked regularly from home. Geithner's wife Carole is a clinical social worker. If she saw patients in her home during the past year, tax experts say the Geithners could reasonably claim that at least 500 sq. ft. (45 sq m) of their 2,500-sq.-ft. (230 sq m) home was devoted to Carole's business. That would allow the couple to write off 20% of the upkeep and utilities expenses as well as local property taxes. (See TIME's bailout report card...

Author: /time Magazine | Title: Tax Tips for Timothy Geithner | 1/21/2009 | See Source »

Since Geithner certainly has an office at his Fed job, he can't claim his home as a place of business. But if he telecommuted, he could write off a portion of the cost of his computer and other gear needed to run the largest branch of our nation's bank from home. To get the deduction, though, Geithner, on the basis of his salary, would have had to spend at least $8,000 on home office equipment. But that shouldn't be too tough. If you are the head of the New York Fed, a 73-in. high-definition...

Author: /time Magazine | Title: Tax Tips for Timothy Geithner | 1/21/2009 | See Source »

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