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...wealth creators. If you tax them like crazy they won't do it anymore." Today, Payre lives in and does business out of Belgium. In Germany, the Taxpayers' Federation regularly generates headlines by publishing a "black book" of wasteful practices. "We've pretty much reached the limit," rages Michael Jäger, who helps run the federation's Bavarian chapter. Among recent examples in Jäger's backyard: an artificial lake near Munich airport that's costing almost €20 million to build instead of the budgeted €11 million; a €76,500 traffic light in Garmisch Partenkirchen...

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

...youthful notions. If the blues was about squeezing cathartic joy out of the bad times, this new music was about letting the good times roll. If the blues was about earthly troubles, the rock that Turner's crew created seemed to shout that the sky was now the limit. And if anyone had ever thought before that black music was just for black people, Rocket 88 undercut that tall tale - the beat was too big, the lyrics too inviting, the melody too winning, the volume too loud, for the song to be taken as anything but an invitation...

Author: /time Magazine | Title: Elvis Rocks. But He's Not the First | 7/6/2004 | See Source »

...really want a prenatal keepsake, the risks of getting just one are probably pretty low. But first clear it with your doctor. Then limit your exposure to 20 min. or less, and make sure that whoever performs the procedure is a trained sonographer. Or you can just wait a few more months and be surprised. --With reporting by A. Chris Gajilan...

Author: /time Magazine | Title: Health: Womb with a View | 7/5/2004 | See Source »

...megawatts in 2020, but this energy source is still expected to account for less than 4% of all the electricity produced in China in 2020.) Currently, more than 70% of China's electricity is derived from coal, but the nation's overburdened railways are plagued by bottlenecks, which limit the amount of coal sent to the voracious power plants. Half of the coal available from the western part of Inner Mongolia, for instance, is stuck at the source because of insufficient transportation networks. "Again, it comes down to a lack of planning on basic logistics," says Merrill Lynch's Jacobelli...

Author: /time Magazine | Title: China's Long, Dark Summer | 6/28/2004 | See Source »

...allies to tightly control who may and may not participate in the election process and on what terms, those are rejected by important Iraqi constituencies. For example, the radical cleric Moqtada Sadr has made clear that he will use his street support to challenge any effort to curb or limit his influence at the ballot box. And up in the north, the Kurds are threatening to boycott the poll unless they're guaranteed the minority veto over a new constitution as promised by Bremer - a guarantee Allawi can't give without alienating the most important Shi'ite leaders. Given...

Author: /time Magazine | Title: The Players in Iraq's New Sovereignty | 6/28/2004 | See Source »

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