Word: homesteaded
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Dates: during 2000-2009
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...NASCAR driver Jimmie Johnson cruised into the history books. With his fifth-place finish in the Ford 400 at the Homestead-Miami Speedway, Johnson clinched the top spot in The Chase, NASCAR's ten-race playoff season that crowns the overall Sprint Cup champion. Johnson, 34, became the first racer in NASCAR history to win four straight titles in its top circuit, a feat that fuels the inevitable question: is this guy the greatest racer of all-time? Johnson took a victory lap in New York City, and sat down with TIME to talk about his training regimen...
Leaders in the early Republic had it easier. The work of taming a continent provided every American who wanted one with a full-time job and drew settlers from oceans away. Laws like the Homestead Act of 1862 - which granted any man or woman up to 160 acres of public land if they pledged to cultivate it for five years - tapped into the frontier spirit, providing work opportunities for even the most down-and-out Americans. As more and more members of the workforce began laboring in factories in the 19th century, however, society grew more polarized and new technology...
...Agents also found evidence that Zazi had booked a room with a kitchenette at the Homestead Studio Suites a couple of miles south of the cosmetics store. When FBI technicians examined the room, they scraped traces of acetone, found in nail-polish remover, from the vent over the stove - indicating that someone had been cooking a bomb...
...been haunting Florida, if not many other states, far longer than the recession has. Over the past generation, Florida's explosive but fecklessly managed growth drove up real estate values, and therefore property taxes, beyond the reach of more and more families. In the 1990s the state adopted a "homestead" measure which, when homeowners become eligible for it, caps their assessed property-value increases at 3% a year (part-time residents don't qualify). But when houses are sold, a far higher base assessment usually applies, creating absurd situations in which neighbors with similar properties pay wildly disparate taxes...
...director at Florida Tax Watch in Tallahassee. A 2008 state reform, as well as another scheduled to go into effect next year, has reduced some of Florida's property-tax burden by making the cap more generous and accessible to more residents. But because of arcane provisions in the homestead law, government appraisers can tell a homeowner that although his house's current market value may be as depressed as a Florida sinkhole, its taxable value is still high or rising. More important, many of the state's county and local governments are raising their millage rate (the rate...