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Hiking taxes is the less traumatic course, though it will only be accepted as the cost of inaction rises. "Congress only responds to financial crisis or some other external shock," says Bill Gale, co-director of the Tax Policy Center in Washington. "Nothing will be done in Obama's first term to substantially increase tax revenue." (See the top 10 bankruptcies...

Author: /time Magazine | Title: How High Could the U.S. Tax Rate Go? | 3/3/2010 | See Source »

...researchers figured that these were the people who faced the greatest likelihood of death because they were old enough, unfit enough and deep enough below the decks to have a hard time making it to a lifeboat. What's more, traveling without children may have made them slightly less motivated to struggle for survival and made other people less likely to let them pass. This demographic slice then became the so-called reference group, and the survival rates of all the other passenger groups were compared to theirs...

Author: /time Magazine | Title: Titanic vs. Lusitania: How People Behave in a Disaster | 3/3/2010 | See Source »

...results told a revealing tale. Aboard the Titanic, children under 16 years old were nearly 31% likelier than the reference group to have survived, but those on the Lusitania were 0.7% less likely. Males ages 16 to 35 on the Titanic had a 6.5% poorer survival rate than the reference group but did 7.9% better on the Lusitania. For females in the 16-to-35 group, the gap was more dramatic: those on the Titanic enjoyed a whopping 48.3% edge; on the Lusitania it was a smaller but still significant 10.4%. The most striking survival disparity - no surprise, given...

Author: /time Magazine | Title: Titanic vs. Lusitania: How People Behave in a Disaster | 3/3/2010 | See Source »

There has always been a correlation between how ethically we behave and how brightly our surroundings are lit - most evil deeds are done under cover of darkness, and the rarest and most brazen crimes are those committed in broad daylight - not least because we're less likely to be caught in the act after nightfall. But in a new study published in the journal Psychological Science, psychologists Chen-Bo Zhong and Vanessa Bohns of the University of Toronto and Francesca Gino of the University of North Carolina suggest that it's not only about the threat of discovery. There...

Author: /time Magazine | Title: Why Shady Deeds Are More Likely to Happen in the Dark | 3/3/2010 | See Source »

...recycling drive and an online game of Risk are proof of our superiority to people who live in that place called Dunster. What Harvard students lack in school spirit, we make up for in House spirit. Given that we have practically none of the former, we’re less than eager to let go of the latter, even though physically living in a House isn’t a prerequisite for being really proud that you were randomly assigned...

Author: By Lena Chen, CRIMSON STAFF WRITER | Title: Renouncing the River Gods | 3/3/2010 | See Source »

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