Word: earners
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...MEANWHILE IN FINLAND ... A Quick Earner Speeding tickets can be such a nuisance. Take the one that Helsinki police slapped on 27-year-old Jussi Salonoja for driving double the legal 40 km/h limit. Since Finnish law links traffic fines to violators' income, and Salonoja is the heir to a family sausage empire, his fine was a record 3170,000. He made close to 37 million in 2002, but the penalty could be reduced if his income takes a hit before the case comes to trial. Early retirement has never seemed so tempting...
...million estate in West Sussex in southern England and his home in St. Tropez, France. While Khodorkovsky watched from behind bars as Yukos lost 40% of its worth (taking his own net worth down with it), Abramovich topped the Sunday Times Annual Pay List as Britain's top earner, having made $960 million in 2003. In fact, says his senior aide, "He has cleared $5 billion this year just selling his assets in Russia." Abramovich was recently overheard at a party saying: "I would not find it too hard to make myself love life in Britain." Who could blame...
...Though not yet 40, Li has been making action films for 24 years?longer, for example, than Arnold Schwarzenegger. In the U.S., he's a reliable earner in medium-budget action movies. But as he showed last year, Li may need a Chinese director to bring out his own regal steeliness. In the Zhang Yimou hit Hero, he was more than a solemn killer. Radiating grit and elegance, he fully embodied the film's title. And nobody called him Bruce...
...RSAs (retirement savings accounts) would replace traditional IRAs. Contributions would not be tax deductible, but limits would be higher. A wage earner could put in after-tax earned income of up to $7,500 a year for herself and a nonworking spouse. Accounts would grow tax free, then withdrawals from age 58 would be tax free...
...argue that the rich owe a debt to the society that enabled them to create their wealth. I argue the society always continues to benefit them—higher taxes should be seen more like the monthly phone bill than a debt payoff. If you are a low-wage earner with minimal possessions who rents, what do you lose with an invasion? But, if you own the worker’s apartment building, you lose proportionately more, and so on. Therefore, the richer you are, the more you have to lose, the more you always have invested in your police...