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...subtracting the amount that he or she saved and invested. All forms of income would be counted, including wages, interest, dividends, capital gains, Social Security benefits and employer-provided health insurance. The savings and investments that could be deducted might include spending on education and job training. A similar formula could be used for taxes on businesses...

Author: /time Magazine | Title: How To Simplify the Crazy Tax Code | 4/20/1992 | See Source »

...WANNA GET ROCKED?" shouts DEF LEPPARD on its new album, Adrenalize (Mercury). The answer, judging by the way the record has beaten Springsteen to the top spot on the pop charts, is a thunderous yes. The British band offers its trademark formula: a sonic avalanche of crunching power chords, rock-solid rhythms and surprisingly tuneful vocals. The lyrics remain gleefully sophomoric. On Make Love Like a Man, singer Joe Elliott pleads, "Don't call me gigolo./ Don't call me Casanova./ Just call me on the phone, and baby c'mon over." The Leps may not change the world...

Author: /time Magazine | Title: Short Takes: Apr. 20, 1992 | 4/20/1992 | See Source »

...probably unavoidable. "Indisputably, Germany is going to occupy a totally dominant position in the years to come," says Simon Petermann, professor of international relations at Brussels Free University. "That's a position that, in many respects, the Germans have long held. The difference now is that the old formula casting Germany as an economic giant and a political dwarf no longer holds true...

Author: /time Magazine | Title: Europe The New Germany Flexes Its Muscles | 4/13/1992 | See Source »

Indeed, the diversity of her sources is reflected in her songs. This variety within the album, accompanied by Tikaram's courage in yet again departing from the hugely successful formula last album, Everybody's Angel, marks her as one of the truly great performers...

Author: By Ganesh Ramatrishnan, | Title: An Excellent Cure For Loneliness | 4/9/1992 | See Source »

...Rainbow" is indicative of her maturation and growth as a vocalist. Paradoxically, even though it marks a departure for the singer, the song is characteristic of Tikaram--her willingness to explore, to take risks and test herself as a performer, instead of just sticking to a standard success formula as artists like Tracy Chapman and Debbie Gibson have done. Perhaps this willingness to experiment explains why she continues to work with Mark Isham, with whom she collaborated on the song" Men And Women...

Author: By Ganesh Ramatrishnan, | Title: An Excellent Cure For Loneliness | 4/9/1992 | See Source »

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