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...third of all income tax filers, according to the Tax Foundation, a right-leaning think tank with a reputation for getting its numbers right. If the various tax cuts and credits Barack Obama has proposed on the campaign trail are enacted, the group estimates, that figure will rise to 63 million, while John McCain's tax plans would bring the tally to 62 million. Either way, more than 40% of the population would stand to come out even or ahead on April...

Author: /time Magazine | Title: Time to Pay the Price | 10/31/2008 | See Source »

John Legend has not yet lived up to his name as a “legend” in the R&B world, but he is certainly a favorite of some industry greats. His rise to stardom can be largely credited to collaborations with the best and brightest of the urban music scene, from his beginnings playing piano on Lauryn Hill’s “Everything is Everything,” to his signing with Kanye West’s G.O.O.D. Music label in 2003, to the multiple collabos that followed with that Chi-town superstar. His work...

Author: By Zoë Morrison, CONTRIBUTING WRITER | Title: John Legend | 10/31/2008 | See Source »

...homeowners, the Bush Administration hopes to avoid further damage to neighborhoods and the economy caused by cascading foreclosures. By creating a safety net for the housing market, officials also are aiming to reduce the uncertainty surrounding the soundness of the country's mortgage debt. A rapid and nearly unprecedented rise in bad home loans that began in 2007 triggered the credit crisis and has caused the failure of hundreds of banks and other lenders...

Author: /time Magazine | Title: The Next Bailout: Helping Homeowners in Distress | 10/30/2008 | See Source »

Scowcroft’s talk offered a broad survey of the current foreign policy landscape and its existing issues—the political situation in middle eastern countries; the rise of China and its global influence; and the evolving Russo-U.S. relationship...

Author: By Manning Ding, CONTRIBUTING WRITER | Title: Scowcroft Speaks On U.S. Image | 10/30/2008 | See Source »

...forget the wars in Iraq and Afghanistan or the rise of China, the bluster of boom-and-bust Russia, the murky threat of Iran and the accelerating decay of Pakistan. Between the economic crisis at home and the geopolitical cauldron abroad, the new President's agenda will be largely predetermined. He might wish he could shrug off this dismal inheritance and devote himself to the shiny projects cataloged on his campaign website - but that's beyond his power...

Author: /time Magazine | Title: How Obama and McCain Would Lead | 10/30/2008 | See Source »

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