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Word: claim (lookup in dictionary) (lookup stats)
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...late September, just after Congress defeated the first bailout bill, the IRS issued a notice to change that rule to allow banks to significantly lower their taxes when they purchase other banks. Now, after an acquisition, a bank can reduce its IRS bill by claiming that loans on the books of an acquired rival are worth far less than the previous owners thought, not a hard claim to make these days. The acquirer can deduct from its taxes the full amount of the write-down. Before it could only lower its taxable earnings by a small percentage of the write...

Author: /time Magazine | Title: New Tax Rules: The Hidden Corporate Bailout | 12/10/2008 | See Source »

...Highlight Reel:Traffic injuries:Cars and other vehicles claim about 260,000 children annually, or 718 per day, making them the leading killers of kids 10 to 19. That doesn't include the 10 million each year who are injured but survive. In the developed world, most victims are passengers in vehicles; in the developing world, they're pedestrians or bicyclists. The WHO recommends seven commonsense measures to reduce the toll, including stronger minimum-drinking-age laws; establishing and enforcing seat-belt, child-restraint and helmet laws; and reducing speed limits around schools, residential neighborhoods and play areas...

Author: /time Magazine | Title: How to Save 829,000 Kids a Year | 12/10/2008 | See Source »

...Menand added that the four “common-ground modules,” which claim to redefine the English discipline, still leave out many branches such as literary criticism and 20th-century American literature: his own specialty...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: English Professors Discuss Curriculum | 12/9/2008 | See Source »

...Iraq maintained that they would respect the sovereignty of the elected Iraqi government under Nouri al-Maliki and insisted that economic motives could not be further from their minds, the massive army of legally immune private contractors that war effort came to require visibly undermined their every claim...

Author: By James M. Larkin | Title: Hired Guns | 12/9/2008 | See Source »

...scores that Samimi, a researcher with the Afghan Human Rights Organization, has documented in the country's northern provinces over the past six months. Witnesses to the child's abduction by a local militia commander - a person who would once have been called a "warlord" - have had their rape claim backed up by a nearby hospital, but the district police chief maintains that the child fell on a stick. The police chief's refusal to issue an arrest warrant, he says, has nothing to do with the fact that he is friends with the militia commander. Seeking justice from government...

Author: /time Magazine | Title: Warlords Toughen US Task in Afghanistan | 12/9/2008 | See Source »

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