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...especially in light of the more generous payment plan Harvard offered to Watertown earlier this fall. Watertown, which agreed to allow broad development of the University’s properties, was given $3.8 million by Harvard this year to offset any substantial losses the city will incur as a result of the University’s tax exemptions...

Author: By The CRIMSON Staff, | Title: Abandoning Auto-PILOT | 4/3/2003 | See Source »

...beyond $16 billion in reparations garnisheed from the proceeds of Iraq's official U.N. oil sales. As Deputy Defense Secretary Paul Wolfowitz suggested last week in testimony before Congress, any money that is found might also be used to defray the billions of dollars in costs the U.S. will incur if it invades Iraq. "There's a lot of money out there," Wolfowitz said, when asked whether America would foot the entire bill. "To assume that we're going to pay for it is just wrong...

Author: /time Magazine | Title: Inside Saddam Inc. | 3/10/2003 | See Source »

Chopra said neither he nor his supporters had hung the posters and called them an “apparent act of sabotage” meant to incur fines against him for premature campaigning...

Author: By Alexander J. Blenkinsopp, CRIMSON STAFF WRITER | Title: Council Race Kicks Off Today | 12/2/2002 | See Source »

...aggressively the government enforces the penalties for noncompliance with data-security laws. "People we've talked to are waiting until the last minute, because they just don't have the budgets," says Josh Pennell, president of IOActive, a security-engineering firm. "It could be cheaper for them to incur the fine" than to pay $100,000 to $1 million for an adequate information-security system. As things stand today, breaking into health-care databases, Pennell says, "would be a trivial thing...

Author: /time Magazine | Title: Beating the Snoops | 10/28/2002 | See Source »

Until the law changes, plan your FSA for costs you are sure to incur, such as deductibles and scheduled orthodontia for the kids. Multiply that amount by your tax bracket (say, 28%), and add that amount as a reserve. Even if you never spend a dime of the reserve, the tax savings on your contributions ensure you'll be no worse off than if you hadn't enrolled. And odds are you'll tap the reserve--even if you don't wear glasses...

Author: /time Magazine | Title: Inflexible-Spending Accounts | 10/21/2002 | See Source »

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