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...homestead law, government appraisers can tell a homeowner that although his house's current market value may be as depressed as a Florida sinkhole, its taxable value is still high or rising. More important, many of the state's county and local governments are raising their millage rate (the rate per $1,000 of assessed value that determines the property-tax bill) to make up for budget shortfalls...

Author: /time Magazine | Title: Florida's Property Taxes Go Wacky in Housing Slump | 6/29/2009 | See Source »

Lead author Jürgen Rehm of the University of Toronto tells TIME that the increase was primarily the result of more women taking up drinking. He says the increase in the rate of alcohol-related deaths is particularly troubling because the researchers took into account the cardiovascular benefits of moderate drinking and because the majority of the world's population currently abstains from alcohol. But that is likely to change as India and China become wealthier and their citizens find themselves with more disposable income, he says. That, in turn, is likely to further increase the death rate unless...

Author: /time Magazine | Title: Stemming the Rise in Global Alcohol-Related Deaths | 6/29/2009 | See Source »

...Everyone guessed wrong.' JOE BIDEN, Vice President, acknowledging that the Administration's $787 billion economic-stimulus plan has failed to reduce the unemployment rate...

Author: /time Magazine | Title: Verbatim | 6/29/2009 | See Source »

...songs my fans want to hear. This is the final curtain call." That prompted an online frenzy, with 360,000 people registering applications before the ticket office even opened. When tickets ranging from $75 to $115 went on sale the next morning, fans snapped them up at a rate of 40,000 an hour - that's 650 a minute - smashing all box-office records. Some 800,000 tickets were sold. (See TIME's special coverage on Michael Jackson...

Author: /time Magazine | Title: The London Concerts: Michael's Missed Comeback | 6/26/2009 | See Source »

...fiscal hard-liner theatrics (carrying piglets under each arm to the door of the state legislature to protest pork-barrel spending) rarely yielded real results. In too many instances, his conservative principles thwarted the economic development of a poor Southern state that has the country's third-highest unemployment rate and some of its most decrepit schools. Still, South Carolina's deeply conservative voters re-elected him in 2006, and last year Sanford became chairman of the Republican Governors Association. "But he always seemed to care more about his ideology than about rolling up his sleeves and figuring...

Author: /time Magazine | Title: Sanford's Sex Scandal: Assessing the Damage | 6/25/2009 | See Source »

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