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Word: deductionism (lookup in dictionary) (lookup stats)
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Credit cards became widely available to Koreans only four years ago. Economic policymakers, trying to reduce their export-driven economy's dependence on the U.S., implemented measures that encouraged banks and card companies to increase lending to consumers. Anyone who ran up expenditures totaling more than 10% of his annual...

Author: /time Magazine | Title: The House of Cards | 12/1/2003 | See Source »

There are ways to rewrite your will or trust to defer that state tax, but you need to make sure that in doing so, your estate won't face a greater federal tax burden down the road. Portland, Ore., couple Betty and Les Barkley put a disclaimer in their will...

Author: /time Magazine | Title: Money: The Death Tax Lives | 11/24/2003 | See Source »

As a young federal prosecutor, I won a Justice Department award for my work to put an end to exploitation in housing policy. As a state representative, I fought for education, and passed laws to create the first local school councils and agriculture schools in Illinois. As a county executive...

Author: By Carol MOSELEY Braun, | Title: Building Partnerships for America's Future | 11/17/2003 | See Source »

Angel investors are essentially venture capitalists--their investment will either pay off big in the long run or lead to the kind of tax deduction no one ever wants (as in flop). The main difference is that angel investors provide seed money, usually on the basis of a business plan...

Author: /time Magazine | Title: Investing: How to Be an Angel | 8/25/2003 | See Source »

Sometimes you can have more impact giving to a smaller organization. But don't let a large nonprofit turn you off from a cause you believe in. If you're vigilant, you'll see your dollars do good in either case. And at the end of the year, that extra...

Author: /time Magazine | Title: Advice: Where to Give? | 7/21/2003 | See Source »

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