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...same way they are treated at home. That decision gives tax authorities across Europe little choice but to overhaul their tax laws, which have traditionally taxed national operations differently from international ones. "There's a lot of tension and pressure on corporate tax systems" from the court, says lawyer Wouter Paardekooper of the Amsterdam office of Baker & McKenzie, which represented Bosal. But the newest and perhaps the biggest force for change comes from the east. Many of the new E.U. members have substantially lower rates for both companies and individuals than their Western neighbors. Consultants Ernst & Young calculate that...

Author: /time Magazine | Title: Escape From Tax Hell | 7/11/2004 | See Source »

...self-effacing confidence and good looks charm the crowds, and the fans he has won have made the 42-year-old Chicago lawyer and three-term state senator the hottest property in this year's Senate races. Obama may be on his way to replacing retiring Republican Senator Peter Fitzgerald...

Author: /time Magazine | Title: Dreaming About The Senate | 7/5/2004 | See Source »

...Greg Meeks of New York City and deputy campaign manager Marcus Jadotte, all African Americans, are among those who talk with the candidate on his ever-present cell phone. Top campaign officials meet with the caucus every two weeks. Vernon Jordan, a former Clinton aide and a prominent black lawyer, was named last week to head the campaign's presidential-debate negotiating team. Kerry has added a section to his campaign speech in which he quotes the black poet Langston Hughes, saying, "Let America be America again." The candidate is scheduled to attend the Chicago conference of Jesse Jackson...

Author: /time Magazine | Title: Leaving Blacks Cold | 7/5/2004 | See Source »

...ideas and policies to 21st century American issues, one first has to imagine a sort of figure who hasn't existed for a long, long time and seems unlikely to appear again soon: a philosopher-President. The son of wealthy, high-born, landed parents, Jefferson trained as a lawyer in the days when this meant memorizing and analyzing centuries worth of British common law. Along the way, he mastered Latin and Greek, several of the leading European languages and enough philosophy, science and mathematics that during his term as John Adams' Vice President, he was also chosen to head...

Author: /time Magazine | Title: Thomas Jefferson: The Philosopher-President: Life, Liberty and the Pursuit of Thomas Jefferson | 7/5/2004 | See Source »

...colleague meant you, the world-famous millionaire hedge fund manager turned philanthropist. By “the,” I meant the Manhattan-born, Orioles loving workers’ compensation lawyer Michael Steinhardt, a.k.a. Dad. I learned quickly: Michael Steinhardt is my father, but if you mean the rich and famous Michael Steinhardt, then no—we’re not related...

Author: By Jenifer L. Steinhardt, | Title: My Two Dads | 7/2/2004 | See Source »

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