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Hiking taxes is the less traumatic course, though it will only be accepted as the cost of inaction rises. "Congress only responds to financial crisis or some other external shock," says Bill Gale, co-director of the Tax Policy Center in Washington. "Nothing will be done in Obama's first...

Author: /time Magazine | Title: How High Could the U.S. Tax Rate Go? | 3/3/2010 | See Source »

This time around, there are growing calls for compliance mechanisms to be built into the strategy. They have become louder as the euro crisis has unfolded in recent weeks, with many officials saying that tougher fiscal oversight might have prevented the collapse of Greece's public finances. "We cannot have...

Author: /time Magazine | Title: Europe's New Economic Strategy: A Miracle Cure? | 3/2/2010 | See Source »

Barroso sees this is a crisis-driven leap into further European economic integration. Euro-zone finance ministers are already putting Greece's budgetary policies under more scrutiny than any member state has ever had to endure - and there are now suggestions that similar measures could be taken with economic policies...

Author: /time Magazine | Title: Europe's New Economic Strategy: A Miracle Cure? | 3/2/2010 | See Source »

JHFH: Sure, I think it’s definitely a character piece. It’s a portrait of a family during a time of crisis. The story is more about the family than about the cancer. We delve into the nuances of their lives. They all have their own...

Author: By Kelsey C. Nowell, CONTRIBUTING WRITER | Title: Spotlight: John Henry F. Hinkel '12 | 3/2/2010 | See Source »

The money is certainly welcome in Nepal, which has the lowest per capita income in South Asia. But the jockeying for influence between China and India may be undermining Nepal's fragile democracy, as the country's 24 political parties trade charges of being pawns of one or the other...

Author: /time Magazine | Title: Nepal: Caught Between China and India | 3/2/2010 | See Source »

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