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...World War II. It remained above 90% for most of the 1950s, and held steady at 70% during the 1970s. Republican Ronald Reagan emerged as the great tax buster, shaving the top bracket to a mere 28%. (During his presidency the rate in the bottom bracket increased by a point...

Author: /time Magazine | Title: How High Could the U.S. Tax Rate Go? | 3/3/2010 | See Source »

Human beings can be a devious lot. At some point, even the most moral of us have skulked or sneaked or filched something we weren't supposed to - even if it were just a cookie from the kitchen. Of all the things that get our sneakiness juices going, there is nothing like a little darkness...

Author: /time Magazine | Title: Why Shady Deeds Are More Likely to Happen in the Dark | 3/3/2010 | See Source »

...eyes of Texas, but more so nowadays than ever. And so the Lone Star State's governor, Rick Perry, wrapped up his bid for the GOP gubernatorial nomination with an ad that played several times on the final night of the Olympics just to make that point. In front of a large Texas flag, he opened with the simple statement: "Washington is broken." And exhibit No. 1 of how bad Washington had become in his eyes? Fellow Texan Kay Bailey Hutchison, the senior U.S. Senator who was once the prohibitive favorite to succeed Perry in Austin...

Author: /time Magazine | Title: How Rick Perry Turned Around the Battle for Texas | 3/2/2010 | See Source »

...officers - the Nepali army chief graduated from the Indian Military Academy in Dehradun - so the Maoists have long claimed, most famously in a fiery speech by Prachanda in December, that India backs the Nepal army and wants to restore the monarchy. Ironically, the influence of India is the one point on which the former King and the Maoist former Prime Minister agree. When Gyanendra was on the throne, he too chafed at any hint of excessive Indian influence. It may be an inevitable dilemma for a small country squeezed between two giants - and one that Nepal has less than three...

Author: /time Magazine | Title: Nepal: Caught Between China and India | 3/2/2010 | See Source »

...evaluation of the system. "There will be a moment in the future when we must evaluate [how our warning system functioned] in detail," she said. "We have a navy [measurement] system that has 19 installations along the coast. The information in the beginning was not exactly from the central point where the epicenter hit. It was thought in the beginning that the epicenter was down in the earth, not in the sea." (See pictures of the earthquake in Chile...

Author: /time Magazine | Title: Chile's President: Why Did Tsunami Warnings Fail? | 3/2/2010 | See Source »

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