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...lately the situation has gone from bad to, well, perverse. "One of the frustrating paradoxes of the recession is falling real estate markets and rising property taxes," says Kurt Wenner, research director at Florida Tax Watch in Tallahassee. A 2008 state reform, as well as another scheduled to go into effect next year, has reduced some of Florida's property-tax burden by making the cap more generous and accessible to more residents. But because of arcane provisions in the homestead law, government appraisers can tell a homeowner that although his house's current market value may be as depressed...

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

...dare," the mighty Quesadilla Burger from Applebee's (1,440 calories) may entreat. Spurred by the passage of a slew of state and local menu-labeling laws, on June 10 the Senate reached a bipartisan agreement to include a federal menu-labeling law as part of comprehensive health-care reform. Of course, who knows when that hornet's nest will come up for a vote. But in the meantime, health proponents are likening the Senate provision to legal requirements for a clothing label - i.e., what it's made of. "Isn't information that can help you avoid obesity and diabetes...

Author: /time Magazine | Title: Fast Food: Would You Like 1,000 Calories with That? | 6/29/2009 | See Source »

...article on health-care reform, Karen Tumulty states the health industry needs a "cultural and economic revolution" [June 15]. I cannot agree more. But in her discussion of the five big health-care dilemmas, she omitted two key financial advantages of a single-payer system: dramatic reduction in administrative costs and elimination of profit. A single-payer system would immediately make hundreds of billions of dollars available to purchase health care and give everyone access without increasing taxes or costs to employers. Hospitals, physicians and other providers could be paid more appropriately, and the benefits package could be expanded. Such...

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

...equipped to deal with the modern-day challenges of combat. "Germany's armed forces are often overstretched. There are too many bases in Germany, too many personnel and the equipment is often old-fashioned," says Riecke of the German Council on Foreign Relations. "There is long-overdue reform under way to make the Bundeswehr leaner. It should be easier to deploy forces quickly abroad," he adds, referring to far-reaching plans to modernize the army's equipment and scale back troop numbers...

Author: /time Magazine | Title: Will Germany's Army Ever Be Ready for Battle? | 6/27/2009 | See Source »

...With the U.S. being the focus of the bulk of Iran's ire over the past three decades, why is Iran picking on the U.K. now? Long a hot spot for anti-regime Iranian opposition and a font of support for human rights and reform in Iran, Britain has enjoyed little favor from Tehran in recent years. The launch in January of a BBC Persian-language TV service, thanks largely to funds from the British Foreign and Commonwealth Office, has further riled authorities in Iran. The news channel - beaming images of the recent protests via satellite from London, despite efforts...

Author: /time Magazine | Title: Has Britain Replaced the U.S. as Iran's 'Little Satan'? | 6/26/2009 | See Source »

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