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Indeed so. For it also provided something quite unrelated to disabilities: a lucrative tax break for banks, insurers and financial-service companies. A provision woven into the legislation allowed the foreign subsidiaries of these businesses to extend the income-tax-free status of foreign earnings from the sale of securities, annuities and other financial holdings. Among the big winners: American International Group Inc., an insurance giant, as well as the recently formed Citigroup. Overall, the tax break will cost the U.S. Treasury $1.5 billion in the next two years, just as it did in the past two years. The amount...

Author: /time Magazine | Title: How The Little Guy Gets Crunched | 2/7/2000 | See Source »

That's more money than a business like Rick Reinert's will earn in a lifetime...

Author: /time Magazine | Title: How to Become a Top Banana | 2/7/2000 | See Source »

...going well. It takes a lot of creativity to be a good criminal, so all that quiet time painting in my study really paid off. Now I just have to work on my charisma. If I make two new friends, I'll graduate to con artist and earn $350 a day. Play my cards right, and I could become a Mob boss. I can dream...

Author: /time Magazine | Title: Hangin' with the Sims | 2/7/2000 | See Source »

...York arena, come on the show to promote their gig. They look a little awkward, they pace around for a while, and it's pretty obvious that this isn't really their thing. We cheer some more - since that's our only voice and we figure it might earn us an autograph or an interview. MTV offers a duel between a person on the street and a caller for tickets to the night's show. Apparently, a bunch of girls in the studio know the caller from school. "That's Matt, oh my gosh, that's Matt!" they shriek. Matt...

Author: By Deirdre Mask, CRIMSON STAFF WRITER | Title: Wonderful World Of MTV | 2/4/2000 | See Source »

...futuristic DotComGuy, on the other hand, continues to live happily inside his cyberden. The equivalent of a 1920s flagpole sitter, he shows no sign of cracking; indeed, if his virtual exile goes as planned, he will earn more than $90,000 this year. His website, which features streaming video of nearly his every move, receives millions of hits a day and is laced with advertisements. What's more, he's lined up corporate sponsors that include online grocer Peapod.com and bookseller Borders.com Wrote an admirer in an e-mail to DotComGuy's site: "What you're doing...

Author: /time Magazine | Title: DotCom Vs. NotCom | 1/31/2000 | See Source »

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