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...this year, and if you plan well, they can bring bountiful tax savings. The changes are aimed directly at middle-class taxpayers with dependent children, offering a host of new ways to pay for education and salt away money for retirement. But there's plenty in the new code for others as well. Unfortunately, the laws are more complex than the math for a lunar landing...

Author: /time Magazine | Title: Changing Gears | 3/30/1998 | See Source »

...word deflation in serious discussions of U.S. prices for the first time in decades, as well as the possibility of a string of American budget surpluses unmatched since the Roaring Twenties--and the beginnings of a vigorous debate about whether this warrants a total overhaul of the U.S. tax code. In combination--or conflict--these forces make 1998 look anything but ho-hum and a lot more like the start of a journey into an unexplored world...

Author: /time Magazine | Title: Slipping A Punch | 3/30/1998 | See Source »

...himself, at such risk. Part of the answer can be found 275 miles east of Jakarta in the central Java village of Kemusu, where he was born. There, for centuries, peasants have done the bidding of the village chief in exchange for his protection, governed by a social code as intricate as the shared irrigation system. Deeply superstitious, the men of Kemusu have changed little in the half-century since Indonesia won its independence from Dutch colonizers. Any leader, village chief or national President must wield unchallenged power or appear weak and incapable...

Author: /time Magazine | Title: Indonesia On The Brink | 3/23/1998 | See Source »

...went to work for Netscape in 1994. Finally, he figured, things would be different. "These guys are going to be so rich, it's not funny," he believed. Not that Zawinski cared about money. Though Silicon Valley is supposed to be the new Hollywood for programmers, where ambitious code-writing kids slave at start-ups with every expectation of retiring by supper, Zawinski is a hacker of the old school. He has always aspired to something grander: to change the world. At the top of his resume, he'd carefully spelled it out: "employment objective: To improve people's lives...

Author: /time Magazine | Title: Netscape's Hail Mary | 3/23/1998 | See Source »

Zawinski and his co-workers had another idea: Don't give away just the Netscape browser, give away the source code too. This is like Coca-Cola's giving away free six-packs and the secret recipe as well, so you can make Coke at home. Here's the reasoning: Microsoft is so much bigger, and can throw so many programmers at any problem, that Netscape's only chance is to harness the talents of the thousands of hackers on the Net who might be willing to improve on the program if they had a stake in it. "I wouldn...

Author: /time Magazine | Title: Netscape's Hail Mary | 3/23/1998 | See Source »

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