Word: fica
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This year’s Harvard-in-Rio program lasted five weeks and cost 5,500 dollars—a price that covers almost a full year’s rent in Brazil’s cidade maravilhosa. Students are shuffled into Pontífica Universidade Católica (PUC), Rio’s private university that caters to the city’s affluent population, meaning that the program is often devoid of the striking diversity so emblematic...
Income tax statistics also hide a couple of important realities. One is the FICA or Social Security tax. Unlike the income tax, FICA applies to the first dollar you earn, but not to the 100,000th, and it isn't assessed on any investment income. The other reality is that income figures do not really reflect increases in wealth, most of which are tax free. Increases in the value of investments are not taxed until the investment is "realized" (i.e., sold). If you die without selling, the profit during your lifetime is never taxed. And when investment profit does...
They're the FICA of your phone bill: those mysterious three-, five- or 10-dollar charges that show up on your phone bill for services you don't really understand. They're called "access fees," and they're basically a tribute that your long-distance carrier has to pay your local phone company for using its wires (and part of the regulatory hangover still lingering after the breakup of AT&T). But never mind all that - they're about to go down. The FCC on Wednesday promised lower July phone bills for everyone after it slashed those fees...
...South African museum has been named for him 24. "__ evil ... " 25. Day-__ paints 26. Paul's Exodus role 27. A Senate bill has been introduced to increase their number 30. Name conspicuously absent from Senate campaign posters 34. Copernicus' sci. 35. Sennett lawman 36. Franklin's mom 37. FICA funds it 38. Cartoon voice __ Blanc 39. Sporty VW 40. Kurdish rebels have given up the fight here 42. Congressman Charles, a leading Democratic fund raiser 45. Sidestep 46. Drive forward 47. __ Wide Shut 48. This company offered PCs to all its employees down...
...feel shunned, especially at social events like "coffee breaks," "going out for coffee" or "drinking coffee." So when the government decided to spend $250,000 on caffeinated-gum research, I was thrilled. Instead of money wasted on defense (Hello? We haven't been invaded since 1812) or that unfinished FICA project I keep reading about on my pay stub, this would help someone with a real problem. Soon I too could awake groggy and cranky, pull out a couple of sticks of gum, read the paper and then deal with the wife and kids. As I saw it, caffeinated...