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...TIME: But the U.S. is a very non-Singaporean society. It's messy and noisy, and it has turmoil. LEE: You must have contention, a clash of ideas. If Galileo had not challenged the Pope, we would still believe the world is flat, right? And Christopher Columbus might never have discovered America...

Author: /time Magazine | Title: Lee Kuan Yew Reflects | 12/12/2005 | See Source »

What is the alternative minimum tax (AMT)? This assessment requires people to calculate the amount of federal tax they owe under both the regular income tax code and a flat-tax option, and then pay the higher amount. Created in 1969--after Congress learned that many wealthy people paid no federal income tax because they took advantage of so many tax shelters and exemptions--the AMT taxes all income at either 26% or 28% and allows few deductions...

Author: /time Magazine | Title: Income Taxes: Costly Alternatives | 12/12/2005 | See Source »

London easyHotel's bijou orange rooms with shower "pods" and flat-screen TVs start at $45. Created by the folks who launched easyJet, this new chain has already set up in Switzerland and has plans to dot the rest of Europe...

Author: /time Magazine | Title: Travel: Boutique On a Budget | 12/11/2005 | See Source »

...loyal fans who know the plot, the roles, even the choreography, from memory? As shocking as it may sound, my answer has to be yes. The disc does have a few missteps. Mark and Roger’s introspective “What You Own” seems flat; it has lost the grit of the original recording. Several verses of the otherwise serviceable “La Vie Boheme” are inexplicably rearranged. The soundtrack also includes the bonus track “Love Heals,” written by Jonathan Larson for an organization promoting AIDS education...

Author: By Maura A. Graul, CONTRIBUTING WRITER | Title: Rent: Original Motion Picture Soundtrack | 12/8/2005 | See Source »

...McAlhany described Alpizar as carrying a big backpack and wearing a fanny pack in front. He says it would have been impossible for Alpizar to lie flat on the floor of the plane, as marshals ordered him to do, with the fanny pack on. "You can't get on the ground with a fanny pack," he says. "You have to move it to the side...

Author: /time Magazine | Title: Eyewitness: "I Never Heard the Word 'Bomb'" | 12/8/2005 | See Source »

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