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Word: perlis (lookup in dictionary) (lookup stats)
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...Estonia's success to date, faces the biggest threat. A 26% flat income tax was introduced in 1994. The rate has since dropped to 23% and the official plan - depending on the outcome of the next parliamentary election, in March next year - is to keep lowering it by 1% per year until 2011. It was the first of two striking tax initiatives. In the late 1990s, Estonia startled the business community and many of its European neighbors with the second: the decision not to tax corporate profits at all if they are reinvested rather than paid out in dividends. "Lots...

Author: /time Magazine | Title: Getting It Right | 9/28/2006 | See Source »

...There's still a lot of catching up to do. Productivity remains below the E.U. average, as does the average monthly wage of $650. "We're just halfway," says Prime Minister Andrus Ansip, whose aim is for Estonia to become one of the five wealthiest E.U. nations on a per-capita basis in the next 15 years. He heads a different party from that of Economics Minister Savisaar and doesn't see why anybody should take issue with the current policies. "When the economy is growing so fast it's very difficult to complain," he says, describing life...

Author: /time Magazine | Title: Getting It Right | 9/28/2006 | See Source »

...after her contract was not renewed on “The View.” Citing Tom Cruise’s odd behavior off the screen, Paramount Pictures owner Sumner Redstone ended the studio’s 14-year relationship with the star. He might not be a celebrity per se, but John Mark Karr certainly made headlines after his shocking confession to accidentally killing Jon Benet Ramsey ten years ago. Apprehended in Bangkok in August, flown first class to Colorado, and outfitted in new duds, Karr was eventually acquitted of murder charges after DNA tests were negative. Karr...

Author: By Emily G.W. Chau, CRIMSON STAFF WRITER | Title: Celebs: Do You Know What They Did Last Summer? | 9/28/2006 | See Source »

...Overall, 11.1 million families, or around 45 million people, are supported by the program, at a monthly average of around $30 per family. That's enough to ensure that everyone is fed - and also enough, experts say, to almost guarantee Lula's reelection...

Author: /time Magazine | Title: Why Lula Will Win | 9/28/2006 | See Source »

...poor was called Fome Zero, but after nine months of teething troubles and mismanagement it morphed into Bolsa Familia, a collection of programs centered around an existing scheme that paid mothers to ensure their kids stay in school. The Bolsa Familia gives households earning up to $56 a month per head a monthly allowance of between $7 and $43. Families earning up to $27 are entitled to $21 more depending on the number of children, pregnant females or young mothers. To qualify, kids between the ages of 6 and 15 must attend at least 85% of classes and they must...

Author: /time Magazine | Title: Why Lula Will Win | 9/28/2006 | See Source »

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