Word: minimum
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Dates: during 2000-2009
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...include IRA losses and fees paid to a financial adviser. So if your AGI is $100,000, for example, and your 529 lost $8,000, you'll get a $6,000 write-off at most. Perhaps most important, you can't claim any 529 losses under the alternative minimum tax, or AMT (my husband and I were subject to the AMT this year, so that put the kibosh on the hope of a tax break for us). "The tax treatment is not ideal," says Mark Luscombe, principal tax analyst at CCH. "And it's easy to mess...
...thinking is this: you send the magazine to your selected 110,000 rich folks (chosen, more or less, by zip code and whether they have at least $1 million equity in their home as well as a minimum net worth of $2 million). Those prospective readers are so psyched about the wealth-management advice they get in their free bimonthly that they tell their rich but less-favorably-zip-coded friends, who then plunk down the $20 at a newsstand. "If there's six degrees of separation between all of us, there's about one degree of separation between high...
...would buy Sir Liam Donaldson a pint these days? Not many Brits, I expect. The chief medical officer's proposal to tackle the great British scourge of binge drinking - a minimum price of 75 cents per unit of alcohol - was shot down by almost everyone from 10 Downing Street to the bloke propping up the bar at the Slug and Lettuce...
...Like Britain, Thailand has embarked upon a rocky legislative road, hoping that new laws will fix an old problem. While Brits debated minimum pricing, Thais were arguing the merits of prohibiting alcohol sales during Songkran, or Thai New Year, which runs April 13-15 and is the country's most important annual holiday. This is a bit like Sir Liam banning booze at Christmas. Better known among tourists as the Water Festival, Songkran is famous for mass water-pistol fights and - with millions of Thais visiting their families - insanely busy highways. During last year's festival, 360 people died...
...Britain, PM Gordon Brown rejected minimum pricing as unfair to the "responsible, sensible, majority of moderate drinkers." He also knows that, in the midst of a recession and with his poor ratings, making booze more expensive is political suicide. Brown's Thai counterpart Abhisit enjoys greater popularity among his people, but still cannot afford to anger them - not when his country's unemployment rate has (like Britain's) spiked sharply. But Abhisit needn't have worried. With Songkran fast approaching, the ban was scrapped - not because it was unfair to the responsible majority of Thai drinkers but because, like minimum...