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...plans worth $17,000 a year or more; 7 out of 10 said no. The Finance Committee had been hoping that taxing plans that are more generous than average could raise more than $300 billion over the next 10 years. Now it is considering a higher threshold for taxation - say, for plans that cost in excess of $25,000 a year. That would mean far fewer Americans would have to pay that tax, but it would raise less than one-third the revenue. Another idea, being floated by former Senate majority leader Tom Daschle, would be to limit instead...

Author: /time Magazine | Title: Can Democrats Pass Health-Care Reform on Their Own? | 7/9/2009 | See Source »

...fellow pole dancers at the Camelot Castle entertained scores of men every night - first in the bar, where they earn a monthly salary, then at the customer's hotel, where they negotiate their own rates. But as cash-strapped travelers turn their backs on Thailand - tourism officials say revenues will plunge 35% this year - the ranks of men cruising Patpong have thinned dramatically. On a recent Wednesday evening, just three tourists watched a visibly disgruntled Goy wiggle around her pole. "I haven't had a customer in five nights," she says, "and I'm lucky if someone buys...

Author: /time Magazine | Title: From Bangkok to Berlin, Hard Times Hit the Sex Trade | 7/9/2009 | See Source »

...some places, the crisis has actually helped stimulate business. Ukraine's currency, the hryvnia, has lost about 35% of its value against the dollar and euro since the start of the downturn, a change that experts say is likely to boost the country's growing tourism sector and thereby the number of visitors willing to pay for a thrill. "The country is becoming a paradise for sex tourism before our eyes," says Yuri Lutsenko, Ukraine's interior minister, who worries about the trend. Police experts forecast that Ukraine's sex industry will more than double its revenues this year, generating...

Author: /time Magazine | Title: From Bangkok to Berlin, Hard Times Hit the Sex Trade | 7/9/2009 | See Source »

...Breakfast, which depends on foreigners to stay afloat, frets that she may be forced to close. Babylon welcomed 800 visitors per day before the recession hit. That number now hovers around 500. "The entrance fee is already low, so dropping it won't make a difference," Pong says. So what's a sauna manager to do? "Pray for us," is all she can say...

Author: /time Magazine | Title: From Bangkok to Berlin, Hard Times Hit the Sex Trade | 7/9/2009 | See Source »

...traffic lights are flashing red, green and yellow again, fed by coal and gas plants. The incident on Saturday was strike two for Krümmel, which had reopened only last month following a two-year shutdown after a transformer caught fire in 2007. Officials at operator Vatenfall Europe say Krümmel will stay offline for "several months" until they figure out what caused the latest short circuit. Whether Germany will pull the plug on the nuclear plant for good is up to the voters in September...

Author: /time Magazine | Title: Nuclear-Power Debate Reignites in Germany | 7/9/2009 | See Source »

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