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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...

Author: /time Magazine | Title: Tax Reform in Plain English. Honest! | 12/9/2002 | See Source »

...building has fallen off more than 70% since the late '90s, business is holding steady at major camouflage shops, with San Diego's TeleFlage enjoying a 75% sales increase this year. Cash-strapped carriers are still willing to cough up the extra 15% to 20% that it costs to hide an antenna in a high-rent neighborhood...

Author: /time Magazine | Title: Environment: Cellular's New Camouflage | 12/9/2002 | See Source »

...It’s dangerous for a person whose agenda is to silence a group of people to hypocritically hide behind free speech,” says Benjamin D. Grizzle ’03, a member of Christian Impact...

Author: By Jessica R. Rubin-wills and Yingzhen Zhang, CONTRIBUTING WRITERSS | Title: No Wild Promises From Studious Outsiders | 12/9/2002 | See Source »

...down mostly by piecing together complex mosaics from satellite pictures, surveillance cameras, export-import data, painstaking air and soil tests, and intelligence from defectors. Although Resolution 1441 gives inspectors stronger powers than they have ever had, it's still a struggle to turn up evidence that Iraq wants to hide. Chemical bombs may be buried in wells or stored in residential basements. The Iraqis could be shuffling tiny quantities of biotoxins around as if playing three-card monte. Labs can be kept in movable, undetectable vans. Saddam doesn't even have to stockpile lethal weapons if he can just hold...

Author: /time Magazine | Title: The Trouble With Inspections | 12/8/2002 | See Source »

...program that is going to be a lot smaller but a lot harder" to find now. One example, from the 1999 U.N. report: in 1991, a major in Iraq's Special Republican Guard, Izzadine al-Majid, was ordered to take critical components from Iraq's missile program and hide them at a villa. After nine months, the materials were moved by the Special Republican Guard to another location. The U.N. learned about this only in 1995 while interrogating Saddam's son-in-law, Hussein Kamel al-Majid, who famously defected with critical information. He fingered Izzadine al-Majid, who confessed...

Author: /time Magazine | Title: The Trouble With Inspections | 12/8/2002 | See Source »

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