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...five government-approved funds, ranging from stock indexes to private bonds to government paper-or to stay in the current system. He would pay for this by raising the cap on the Social Security payroll tax from $90,000 to $200,000, and by changing the benefits formula to reflect changes in consumer prices rather than wages, an option sanctioned by the Moynihan-Parsons Commission in 2002. Graham blanched when I called it a tax increase, so let's call it a shockingly supple revenue emolument. It is unlikely to attract support from the cowboy wing of the G.O.P...

Author: /time Magazine | Title: ...And Here's How To Do It | 1/16/2005 | See Source »

...five government-approved funds, ranging from stock indexes to private bonds to government paper--or to stay in the current system. He would pay for this by raising the cap on the Social Security payroll tax from $90,000 to $200,000, and by changing the benefits formula to reflect changes in consumer prices rather than wages, an option sanctioned by the Moynihan-Parsons Commission in 2002. Graham blanched when I called it a tax increase, so let's call it a shockingly supple revenue emolument. It is unlikely to attract support from the cowboy wing of the G.O.P...

Author: /time Magazine | Title: ... And Here's The Solution | 1/16/2005 | See Source »

...seemingly similar diseases. The longer I practice medicine, the more I believe in the greatness of God. The universe and our existence may be explained by laws of physics, but only up to a point. There will always be a limit to what physicists can explain with a formula. They, too, may become more religious with time. Talat Chughtai, M.D. Toronto...

Author: /time Magazine | Title: Letters | 1/3/2005 | See Source »

Sophisticated and sympathetic, Unscripted has a lot going for it, including a crisp v??rit?? look from Clooney, who directs the first five episodes. But it also finds HBO--the network for people who disdain formulaic TV--falling into a formula. The network could argue that formulaic works as long as it's entertaining. But it wouldn't hurt also to remember that although all the world may be a stage, the stage is not all the world...

Author: /time Magazine | Title: Television: The Roles of Their Lives | 1/2/2005 | See Source »

...song and produce it in such a way that it would go beyond language or culture. That worked because, basically, I'm from South India [the Tamil capital of Madras]. It worked across North India [Bombay, Calcutta, New Delhi, etc.], which is a completely different culture. And the same formula worked with the London audience" for Bombay Dreams...

Author: /time Magazine | Title: That Old Feeling: Isn't It Rahmantic? | 1/1/2005 | See Source »

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