Word: exemption
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Then in 1996 Congress made the proceeds from most viatical settlements tax exempt, and the business really took off. Increasing numbers of terminally ill people, including those suffering from cancer or heart disease, have sold their life-insurance policies to enjoy their death benefits while they're still alive. This year alone, more than $1 billion in viatical settlements, only about half related to AIDS, will be brokered, according to the National Viatical Association (NVA), roughly 20 times as much as when the business began. Relatively healthy elderly people are also hawking their policies for some additional income; $3 billion...
...Malaysia. At least this is what first-year Altay Guvench found out after he attended RSI two summers ago. Shortly before presenting a final report on his activities at MIT's Lincoln Laboratories, a military research lab, Guvench was informed that his project on submarine communication was not exempt from the lab's six-to-eight week clearance procedure. But somehow a summary of his report was posted on RSI's Web site, rendering his research available to everyone. Including Malaysian mysteriosos, who wrote to Guvench as follows...
...billion. In nature, when populations soar--and become densely packed--viral diseases tend to break out; then the population drops. This is nature's population-control mechanism. It happens with rodents, insects and even plants. There is no reason to think the human race is exempt from the laws of nature...
...ironic. Although network television loses viewers every year, ABC can still produce an audience of 18 million in a prime-time hour. Try to get that many visitors to your website in a day or a week. And cyberspace brands are not exempt from an old law of advertising that says share of mind leads to share of market. It's no wonder, then, that Web companies are widely dependent on the tube, as well as newspapers, magazines (thank you very much), radio and billboards, to imprint their brand names on as many brains as possible--particularly consumers who aren...
...Balancing his devotion to Ted with a devotion to the aftermath of Ted's actions, he is the opposite of a kid who begs his parents for a puppy and then abandons all custodial duties. Last year, for instance, he spent months lobbying Congress (unsuccessfully) to exempt the Unabomber reward from taxes so the bulk of it could go to the victims' fund he and Linda established. Yet David's life, oddly, may be richer now than it has ever been. As a man who has long existed in the shadow of someone else--first his brother, then his wife...