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...backing that up with a separate bill that would ease the tax 5% a year until it reaches zero by 2010. And G.O.P. Governor George W. Bush of Texas has vowed to kill the tax outright if elected President. Many Democrats agree with Vice President Al Gore that a repeal would be a sop to the rich. But others believe the benefits for small companies outweigh that concern. Democratic Representative John Tanner of Tennessee, for one, is co-sponsoring Dunn's bill, and there seem to be enough like-minded Democrats to fashion a compromise on the issue...

Author: /time Magazine | Title: Pocketbook Issues | 5/8/2000 | See Source »

They were the envy of their peers when they jumped to dotcoms from stodgy old-economy companies. Oh, well. Not even the Internet can repeal the law of gravity or keep a speculative bubble from bursting...

Author: /time Magazine | Title: Box Score: Who's Rich Now? | 5/1/2000 | See Source »

...comical to think of smuggling a high-flow toilet, but your article failed to address the critically important issue of water conservation. Did TIME make light of fuel-efficiency standards when customers were unhappy with their Yugos? Why repeal water-efficiency standards? My low-flush toilet works just fine. I suggest that these unhappy customers simply need to buy a toilet that works. There are plenty of them right here in the U.S. MARY ANN DICKINSON Sacramento, Calif...

Author: /time Magazine | Title: Letters: Apr. 24, 2000 | 4/24/2000 | See Source »

That, in essence, is all a perpetual-motion machine amounts to: a device that operates without any external power source. Or, rather, doesn't operate--for perpetual-motion devices are mechanical impossibilities--and unless someone finds a way to repeal two fundamental laws of physics, they always will be. The regulations in question are the first and second laws of thermodynamics. They say, respectively, that energy can be neither created nor destroyed but only changed in form and that it's impossible to make a machine that doesn't waste at least a little energy. In short...

Author: /time Magazine | Title: Will Someone Build A Perpetual Motion Machine? | 4/10/2000 | See Source »

Sure it is. But it was also about time they got rid of the penalties, which restricted the earning power of older Americans by taking portions of their Social Security checks after they'd passed an annual earnings limit. The repeal was something of a no-brainer, says TIME financial writer Daniel Kadlec, both economically and politically. "This archaic regulation was particularly helpful in postwar periods, when GIs were coming home and looking for work," says Kadlec. "The government didn't want the jobs taken up by 'old' people." But now that the nation is rife with jobs, there...

Author: /time Magazine | Title: The Shades of Gray That United the U.S. Senate | 3/22/2000 | See Source »

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