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Word: offsetting (lookup in dictionary) (lookup stats)
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...Gore's plan is built around tax-based enticements. He would spend a whopping $36 billion on income tax credits to offset the costs of college tuition. A family could receive as much as $2,800 in tax credits each year for tuition and fee payments. Taxpayers would also be allowed to sock away as much as $2,500 a year in new tax-advantaged accounts, similar to 401(k)s, which they could tap at any age for higher education or job training. And Gore would spend $2 billion nationalizing a program, already in place in some states, that...

Author: /time Magazine | Title: Paying For College: Who Deserves Tuition Aid? | 10/29/2000 | See Source »

Vince Farrell, chief investment officer at Spears Benzak Salomon & Farrell, worries that fund managers have a lot more tax selling to do, looking to realize losses to offset gains they took early this year. "You don't give the client a negative return and a tax bill in the same year if you can help it," he says. The stocks most likely to come under further pressure are the big liquid names, the Ciscos and Microsofts. Tax selling by individuals may barely have started. They tend to hold losers into November hoping for a rebound, and then sell...

Author: /time Magazine | Title: The NASDAQ: What A Drag! | 10/23/2000 | See Source »

What should you do? Odds are, you're sitting on unrealized losses. Consider selling to offset your realized gains. You can buy a stock back after 31 days without losing the tax benefits. If you think a stock will begin to rebound before you get a chance to buy it back, consider doubling up now and selling the original shares after 31 days if they still represent a loss. If you invest in funds, sell a loser and immediately buy another fund with the same objective to lock in the loss without losing out on any rally...

Author: /time Magazine | Title: Let's Take Stock | 10/16/2000 | See Source »

...graduate of Parsons School of Design in New York City, Bridges founded her own business six years ago, using her home in Harlem as her calling card. The apartment is a study in opposites where an ornate daybed is offset by the clean lines of geometrically shaped ceramics. Bridges' first book, Furnishing Forward, is due out next year, and she hopes to branch out into television. Her multimedia ambitions have earned her comparisons to Martha Stewart, but Bridges points out one important distinction. "I respect her as a businesswoman," she says, "but I doubt anybody will ever see me shingling...

Author: /time Magazine | Title: Sheila Bridges | 10/16/2000 | See Source »

Fisher found that leaving her job was wrenching. "I felt as if I was letting women down by pulling myself out of the workforce," she says. And she misses the affirmation of evaluations and pay raises. For now, though, the loss of those rewards is offset by her relief from stress. "I didn't know my children very well before. I saw them only at their worst time. I would get home at dinnertime. I would cram food into their mouths, and I would put them to bed. I never got to see the good moments, only the tired, cranky...

Author: /time Magazine | Title: Families: When Mother Stays Home | 10/16/2000 | See Source »

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