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Instead of taking this route, Democrats plan to raise the income tax from a flat 5 percent to 6 percent for couples making $500,000 per year, 6.5 percent for couples making $600,000 per year, and 7.5 percent for couples making $750,000 per year. Businesses would bear a temporary 25 percent surcharge. Democrats think these hikes are fair. A couple making $600,000 per year would pay only $1000 more in income taxes...

Author: By Brian J. Bolduc | Title: Fuzzy Math | 7/1/2009 | See Source »

...seen as unnecessary or wasteful. White House officials were happy to sign off on bridge repairs and roadwork on busy intersections and new runway signals for strapped airports. But they have spent a lot of time trying to kill projects that sound like red alerts on Fox News: a plan for military-cemetery headstone-straightening was scrapped, as was a request for a $10,000 refrigerator to house fish sperm in South Dakota. Gone too was $7 million for Interior Department aircraft to study bird migration. Transportation Secretary Ray LaHood persuaded the governor of Ohio to redirect $57 million...

Author: /time Magazine | Title: What Happened to the Stimulus? | 7/1/2009 | See Source »

...number of young Tamils who are specifically sympathetic to the Tigers' cause is unclear, but they, too, vocalize their sentiments. Sam Pari, 26, a doctor in Australia who also visited Sri Lanka during the cease-fire to volunteer at orphanages and hospitals, regularly meets with fellow activists to plan events and rallies. After seeing what she describes as the "discrimination and racism of the government" firsthand, Pari says she understands why the LTTE resorted to arms throughout the conflict. "The diaspora is very concerned that the one body that protected the Tamils against oppression by the Sri Lankan government...

Author: /time Magazine | Title: War's End Hasn't Stilled the World's Young Tamil Voices | 7/1/2009 | See Source »

...government hopes the expansion plan - which will add another 30 attractions and three new themed areas - will answer critics' complaints of overcrowding and boring rides. "Expanding Disneyland, or doing any other operational activity to increase what it currently offers, will be very important in keeping potential visitors attracted to the park and not losing appeal to competing attractions elsewhere," says Parita Chitakasem, a research manager with research group Euromonitor International. (See 10 things to do in Hong Kong...

Author: /time Magazine | Title: Can Hong Kong Disneyland Get the Magic Back? | 7/1/2009 | See Source »

...been a steep one. Kirchner, elected in 2003, has been credited with nothing less than saving Argentina after its epic financial collapse of 2002. But he decided not to run for a second term in 2007, deferring instead to his wife, then a popular Senator. Though critics claimed their plan was simply to alternate in power for 16 years, Fernández won decisively and took office with a near 80% approval rating...

Author: /time Magazine | Title: What Argentina's Midterms Mean for Latin America | 6/30/2009 | See Source »

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