Word: rich
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Dates: during 2000-2009
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...many countries, the publication of lists of ultra-rich citizens is an annual business ritual that stirs few emotions beyond pride and envy (depending on whether you made it onto the list or not). But in Vietnam, a communist country in the midst of a capitalist makeover, personal wealth remains a touchy subject. After online news site VNExpress recently produced the country's first-ever ranking of the 100 Richest People in Vietnam, several moguls complained. "I wish they would have asked us before publishing," groused Nguyen Duy Hung, CEO of a Ho Chi Minh City brokerage firm...
...common as it once was. As recently as five years ago, many wealthy Vietnamese officials took pains to disguise their net worth; they rode motorbikes to work and turned assets into gold bars that were hidden in their modest homes. "Society was not in favor of rich people," says Pham Chi Lan, an economist in Hanoi. "They did not dare expose their wealth." Today, BMWs and Mercedes are frequently seen on the streets of Hanoi, and there's a construction boom of luxury villas. The annual publication of a list of the country's richest people seems like just another...
Since Bush lowered top marginal tax rates from 39.6 percent to 35 percent in 2002 , the wealthy have been flush with cash. Most liberals believe it’s criminal that the rich pay so little in taxes, while social expenditures for the poor have been slashed. The percentage of income going to top earners has skyrocketed, and the middle-classes are entering a period of unprecedented precariousness. What is needed, they maintain, is a more “fair” tax system...
...theater at the Cambridge Multicultural Arts Center is an old ballroom that gets better with altitude. On the ground, a linoleum floor and interlocking gray wall panels seem like they belong in a middle school cafeteria. Yet the lavishly decorated ceiling, rich with blue and green paint, seems to have avoided any kind of unnecessary municipal “improvement” over the years...
...find her place in the world. It is, she says, a fictionalized family history and memoir that contains “more attention to the truth of a life than fiction usually does. But not enough to swear on.” The result has all the delicacy and richness that have made Munro’s work famous, though it’s not without its forgivable flaws.The book is divided into two parts, the first centering on the lives of her ancestors as they make their way from Scotland to Canada and the second consisting of Munro?...