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...rich folk, who pay the most taxes, reap the most rewards. Families that earn more than $200,000 a year, who make up 2 percent of Americans, would save between 14 to 16 percent of their current tax bite. But their share of the national tax pie, currently at 27.4 percent, remains the same. (Bush's proposal to eliminate the estate tax is where they make most of their money. Which is why Republicans call it the "death tax" and explain it in philosophical terms...

Author: /time Magazine | Title: Dissecting Bush's Tax-Cut Plan | 2/27/2001 | See Source »

...ease America's energy problems. The NRDC further claims that ANWR's total output would amount to no more than a six-month supply of oil for the U.S.--far too little to have a long-term impact on prices. And consumers could wait up to a decade to reap any benefits, because drilling could begin only after much wrangling over leases, environmental permits and regulatory review. As for ANWR's impact on the California power crisis, environmentalists point out that oil is responsible for only 1% of the Golden State's electricity output--and just 3% of the nation...

Author: /time Magazine | Title: The Last Wild Place: How Much Is Under The Tundra? | 2/19/2001 | See Source »

...kidding, that's how the J. Peterman catalog was started). Or, best of all, find a couple of electrical engineers who have hit on The New New Thing in computing, tell them you'll help them relate to the non-geeks of the world, then take them public and reap your fortune...

Author: By Alex F. Rubalcava, | Title: Take Stock Of Your Options | 2/12/2001 | See Source »

...dented muffler. Bush gives millionaires "a $46,000 tax cut, more than enough to pay for this Lexus," Daschle said. "But if you're a typical working person, you get $227. And that's enough to buy this muffler." The wealthiest 1 percent of Americans, by his calculations, would reap 43 perent of the Bush tax cut, while families making less than $39,300 would get just 12 percent...

Author: /time Magazine | Title: What Is That Oink, Oink? | 2/11/2001 | See Source »

Harvard should be on guard against those who would reap illegitimate profits from its name. It needs to make sure, however, that it doesn't sully that name by becoming mired in a needless trademark...

Author: By Jonathan H. Esensten, | Title: Editorial Notebook: The Harvard Name | 1/17/2001 | See Source »

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