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Generally, the targeted tax goodies for education and retirement get phased out for joint filers with an annual household income between $75,000 and $160,000. "The thresholds are tantalizingly high," notes Tom Ochsenschlager, a tax partner with Grant Thornton in Washington. "All of a sudden, you may find it makes sense to keep your '98 income down...

Author: /time Magazine | Title: Changing Gears | 3/30/1998 | See Source »

...shooting of the last scene took place in late January, just after Monica Lewinsky had become a household name. The film's main ad line ("What went down on the way to the top") now had a Letterman leer, and the central mystery (Can Stanton cover up an affair with a young woman?) seemed less like satire than prophecy. But, of course, the timing was just a fluke of the Zeitgeist. As Maura Tierney says, "The reality is something very serious, and the movie is something we made in Hollywood, based on a book that came out more than...

Author: /time Magazine | Title: Cinema: True Colors | 3/16/1998 | See Source »

...create blinking, thinking, moving robots. Developed with M.I.T.'s Media Lab, the new Legos ($200) require children (or their parents) to master a computer-programming language before they can bring the toys to life. With 700 pieces, the set should keep kids busy for days before they terrorize the household...

Author: /time Magazine | Title: Techwatch: Mar. 16, 1998 | 3/16/1998 | See Source »

...going to indulge in name-calling," said a wary-looking Mike McCurry, giving his most trepid press briefing since the last week in January -- back when Monica Lewinsky became a household name. Unlike then, there was no angry statement from the President. His denials had already been made in a sworn deposition. Rather than jabbing his finger at the camera, Clinton declared himself "mystified and disappointed by this turn of events...

Author: /time Magazine | Title: Willey Charges: White House Treads Carefully | 3/16/1998 | See Source »

...from the presence of the Holmes project is homogeneity. In the past, residents and tourists alike have been able to find a wide selection of goods in Central Square. However, when nationwide chain stores enter the neighborhood to satisfy only the needs of a "median consumer" (i.e., a typical household with median income and two children), goods become homogenous and reflect fewer of the extreme tastes that are appealing to minority shoppers (e.g. rebellious teens...

Author: NO WRITER ATTRIBUTED | Title: Welcoming Holmes Trust | 3/12/1998 | See Source »

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