Word: owed
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Stem-cell research will one day be a boon to humanity. We owe it to posterity to pursue it. But we also owe posterity a moral universe not trampled and corrupted by arrogant, brilliant science. It is precisely because of the glittering promise of stem-cell research that we need great care, great vigilance and great restraint as we mount the slippery slope...
...Confusing your 401(k) plan with a piggy bank. For big-ticket items like a home, many boomers are dipping into the largest pot they have. But if you quit or lose your job, you have to pay back the whole loan amount quickly or you will owe taxes on the money, plus a 10% penalty if you're under age 59 1/2. Another trap: cashing out when you change jobs. Sure, you will start another 401(k), but you've lost momentum from compounding interest. Solution: Don't dip. You will need at least 70% of your preretirement income...
...couple buy a house for $500,000 and sell it four years later for $1 million, then buy a house for $1 million and sell it four years later for $1.5 million. The couple would realize a profit of $1 million. But they would owe no tax because they were able to take the full exclusion on each sale. Had they bought for $500,000 and sold eight years later for $1.5 million, they would have the same $1 million profit but could have taken the exclusion just once and owed tax on half the gain. Their bill...
...about the various kinds of hard-core pornographic pop-ups that show up when he visits soft-core sites. Joel also told me that he keeps all his financial data on his home computer. Interesting. Come to think of it, I've always wondered about his salary. Joel, I owe you an e-birthday card. Be sure to open it at home...
Down in the fifth of a square mile that is Balata, it is not venerated old families like the Masris who rule. The graffiti on the walls mark the territories of clan-based gangs like the Dan-Dan, or personal militias who owe their allegiance to local leaders with nicknames like Baz-Baz. Among the 30,000 residents of the camp, 65% of workers are unemployed, up from 25% before the Aqsa intifadeh kicked off eight months ago. It is estimated that there are 5,000 guns in the camp...