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...week was exposing the intricacies of the gift tax. The guy who grabbed Big Mac's 62nd home-run ball won't be saddled with a tax bill for returning it to the slugger, but you might not want to be so generous with your friends. Once a gift giver surpasses a $625,000 lifetime limit (part of his estate-tax exemption), he'll have to pay taxes each year on any gifts he hands out that are worth more than...

Author: /time Magazine | Title: Your Money: Sep. 21, 1998 | 9/21/1998 | See Source »

...Undergraduate Council resolution to allocate funds to student groups practicing "Random Acts of Kindness" (News, Feb. 17). Perhaps I have misinterpreted the council's mission at Harvard, but my own goat was quite gotten by the idea that the council is here to act as the great moral reward-giver of our community. Should the council wish to contribute funds to more disorganized "acts of kindness" than those practiced spectacularly by PBHA and other organizations, I should think they might still have a well-defined criteria for what those acts entail...

Author: NO WRITER ATTRIBUTED | Title: Kindness Bill Misguided | 2/19/1998 | See Source »

Much has already been made about the manner of sex described on the tapes. Not to put too fine a point on it, it is strictly one-way, designed for the maximum pleasure of the recipient. The pleasure of the giver is incidental. The act itself summarizes the relationship, as the tapes reveal it: someone is the supplicant, and it's not the President. Those of us unlucky enough to remember the late 1960s and early 1970s--before Monica Lewinsky was born--recall the radical-feminist critique of sex as purely a matter of power and exploitation. Under some circumstances...

Author: /time Magazine | Title: Clinton's Crisis: It's the Sex, Stupid | 2/2/1998 | See Source »

...recipients did not know why the gifts came, or how to ask for more. But still the money drizzled in, to universities and hospitals and service groups around the globe, paid in cashier's checks and accompanied only by word that the giver wished to remain anonymous. In January the shroud lifted, revealing a tale of such unsung goodness that some almost wished its secrecy had been preserved. Charles F. Feeney, 66, a businessman from New Jersey, had during the past decade given away more than $600 million through his two charitable foundations. At least $3.5 billion more--the entire...

Author: /time Magazine | Title: OTHERS WHO SHAPED 1997: CHARLES FEENEY | 12/29/1997 | See Source »

DONORGATE The Unforgiven Giver...

Author: /time Magazine | Title: SECOND ACTS | 12/29/1997 | See Source »

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